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Future Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

CRUDE OIL Dec 2021 (NYMEX:CL.Z21)

Weak Downtrend (-65) - CL.Z21 is showing signs of a strengthening downtrend. Monitor CL.Z21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ?

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
51.5 51.5 51.5 51.5 0.0
Entry Signal

MarketClub’s Trade Triangles for CL.Z21

long term down The long-term trend has been DOWN since Jan 26th, 2020 at 49.20

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2020 at 52.69

short term down The short-term trend has been DOWN since Feb 14th, 2020 at 50.94

Smart Scan Analysis for CL.Z21

Based on our trend formula, CL.Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.5 51.5 51.5 51.5 0.0
Prev. Close Volume Bid Ask Time
52.6 1 2020-02-17 18:00:00
First Delivery2021-12-31Expiration2021-11-19
Open Time09:00Close Time14:30
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