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.
MarketClub’s Trade Triangles for CL.Z21
The long-term trend has been UP since Dec 10th, 2020 at 45.90
The intermediate-term trend has been UP since Feb 2nd, 2021 at 51.57
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).
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