Future Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
CRUDE OIL Dec 2021 (NYMEX:CL.Z21)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since May 30th, 2019 at 52.93
The intermediate term trend has been UP since Sep 15th, 2019 at 52.35
The short term trend has been UP since Sep 15th, 2019 at 51.66
Smart Scan Analysis for CL.Z21
Based on a pre-defined weighted trend formula for chart analysis, CL.Z21 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||09:00||Close Time||14:30|