Future Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
CRUDE OIL Dec 2021 (NYMEX:CL.Z21)
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.Z21
The long term trend has been UP since Apr 12th, 2019 at 56.48
The intermediate term trend has been UP since Feb 14th, 2019 at 54.63
The short term trend has been DOWN since Apr 17th, 2019 at 56.52
Smart Scan Analysis for CL.Z21
Based on a pre-defined weighted trend formula for chart analysis, CL.Z21 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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