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Future Trend Analysis Report

Prepared for you on Wednesday, January 27, 2021.

CRUDE OIL Aug 2021 (NYMEX:CL.Q21)

Strong Uptrend (+100) - CL.Q21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CL.Q21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid CL.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Q21.

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

NYMEX_CL.Q21
Open High Low CL.Q21 Price Change
51.64 51.79 51.54 51.79 +0.18
Entry Signal

MarketClub’s Trade Triangles for CL.Q21

long term up The long-term trend has been UP since Nov 24th, 2020 at 45.85

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 43.07

short term up The short-term trend has been UP since Jan 27th, 2021 at 51.78

Smart Scan Analysis for CL.Q21

Based on our trend formula, CL.Q21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CL.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.64 51.79 51.54 51.79 +0.18
Prev. Close Volume Bid Ask Time
41.56 120 2021-01-27 01:51:19
Expiration2021-07-20Open Time18:00
Close Time17:00
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