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Future Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

CRUDE OIL Jul 2022 (NYMEX:CL.N22)

Countertrend Up (+85) - CL.N22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid CL.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.N22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_CL.N22
Open High Low CL.N22 Price Change
81.25 81.66 79.46 81.38 +0.51
Entry Signal

MarketClub’s Trade Triangles for CL.N22

long term up The long-term trend has been UP since Jan 11th, 2022 at 77.11

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2021 at 71.25

short term down The short-term trend has been DOWN since Jan 20th, 2022 at 80.35

Smart Scan Analysis for CL.N22

Based on our trend formula, CL.N22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.25 81.66 79.46 81.38 +0.51
Prev. Close Volume Bid Ask Time
80.87 23429 2022-01-21 14:30:00
Expiration2022-06-21Open Time09:00
Close Time14:30
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