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Future Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

CRUDE OIL Dec 2021 (NYMEX:CL.Z21)

Strong Uptrend (+100) - CL.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CL.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Z21.

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

NYMEX_CL.Z21
Open High Low CL.Z21 Price Change
59.39 61.45 59.06 61.22 +1.97
Entry Signal

MarketClub’s Trade Triangles for CL.Z21

long term up The long-term trend has been UP since Dec 10th, 2020 at 45.90

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2021 at 51.57

short term up The short-term trend has been UP since Mar 4th, 2021 at 57.63

Smart Scan Analysis for CL.Z21

Based on our trend formula, CL.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CL.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.39 61.45 59.06 61.22 +1.97
Prev. Close Volume Bid Ask Time
61.28 99863 2021-03-05 16:59:05
First Delivery2021-12-31Expiration2021-11-19
Open Time09:00Close Time14:30
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