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Future Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

CRUDE OIL Jul 2020 (NYMEX:CL.N20)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_CL.N20
Open High Low CL.N20 Price Change
53.01 53.01 52.70 52.95 -0.04
Entry Signal

MarketClub’s Trade Triangles for CL.N20

long term down The long term trend has been DOWN since Feb 2nd, 2020 at 51.24

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2020 at 57.97

short term up The short term trend has been UP since Feb 12th, 2020 at 51.66

Smart Scan Analysis for CL.N20

Based on a pre-defined weighted trend formula for chart analysis, CL.N20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CL.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.01 53.01 52.70 52.95 -0.04
Prev. Close Volume Bid Ask Time
57.14 1892 2020-02-17 02:15:14
First Delivery2020-07-31Expiration2020-06-22
Open Time09:00Close Time14:30
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