Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

CRUDE OIL Jul 2020 (NYMEX:CL.N20)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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
56.20 57.46 55.76 56.70 +0.34
Entry Signal

MarketClub’s Trade Triangles for CL.N20

long term down The long term trend has been DOWN since May 31st, 2019 at 54.44

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 53.50

short term up The short term trend has been UP since Dec 4th, 2019 at 55.12

Smart Scan Analysis for CL.N20

Based on a pre-defined weighted trend formula for chart analysis, CL.N20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CL.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.20 57.46 55.76 56.70 +0.34
Prev. Close Volume Bid Ask Time
56.70 14146 2019-12-06 16:01:10
First Delivery2020-07-31Expiration2020-06-22
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL Jul 2020 CL.N20 or another symbol? Try our Free Future Trend Analysis Report.