Future Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
CRUDE OIL Dec 2020 (NYMEX:CL.Z20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for CL.Z20
The long term trend has been UP since Mar 14th, 2019 at 58.10
The intermediate term trend has been UP since Jan 8th, 2019 at 53.73
The short term trend has been DOWN since Mar 22nd, 2019 at 57.75
Smart Scan Analysis for CL.Z20
Based on a pre-defined weighted trend formula for chart analysis, CL.Z20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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