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Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

CRUDE OIL Aug 2022 (NYMEX:CL.Q22)

Strong Uptrend (+100) - CL.Q22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CL.Q22 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.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Q22.

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

NYMEX_CL.Q22
Open High Low CL.Q22 Price Change
80.28 82.15 80.07 81.50 +1.32
Entry Signal

MarketClub’s Trade Triangles for CL.Q22

long term up The long-term trend has been UP since Jan 11th, 2022 at 76.30

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 70.88

short term up The short-term trend has been UP since Jan 23rd, 2022 at 80.86

Smart Scan Analysis for CL.Q22

Based on our trend formula, CL.Q22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.28 82.15 80.07 81.50 +1.32
Prev. Close Volume Bid Ask Time
80.18 17063 2022-01-26 16:44:42
Expiration2022-07-20Open Time18:00
Close Time17:00
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