Future Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
CRUDE OIL Jun 2025 (NYMEX:CL.M25)
Long-Term Downtrend (-90) - CL.M25 is in a strong downtrend that is likely to continue. While CL.M25 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CL.M25?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.M25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CL.M25
The long-term trend has been DOWN since Nov 8th, 2023 at 70.44
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 73.17
The short-term trend has been DOWN since Nov 30th, 2023 at 70.87
Smart Scan Analysis for CL.M25
Based on our trend formula, CL.M25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).