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Future Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

CRUDE OIL Dec 2020 (NYMEX:CL.Z20)

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.Z20
Open High Low CL.Z20 Price Change
52.48 52.51 52.25 52.45 -0.15
Entry Signal

MarketClub’s Trade Triangles for CL.Z20

long term down The long term trend has been DOWN since Feb 2nd, 2020 at 50.15

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2020 at 55.53

short term up The short term trend has been UP since Feb 5th, 2020 at 50.96

Smart Scan Analysis for CL.Z20

Based on a pre-defined weighted trend formula for chart analysis, CL.Z20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CL.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.48 52.51 52.25 52.45 -0.15
Prev. Close Volume Bid Ask Time
55.22 1019 2020-02-17 00:43:35
First Delivery2020-12-31Expiration2020-11-20
Open Time09:00Close Time14:30
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