Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

CRUDE OIL Dec 2022 (NYMEX:CL.Z22)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

NYMEX_CL.Z22
Open High Low CL.Z22 Price Change
51.46 51.65 51.40 51.65 +0.02
Entry Signal

MarketClub’s Trade Triangles for CL.Z22

long term up The long term trend has been UP since Jan 2nd, 2020 at 52.22

intermediate term up The intermediate term trend has been UP since Dec 27th, 2019 at 52.01

short term down The short term trend has been DOWN since Jan 5th, 2020 at 51.55

Smart Scan Analysis for CL.Z22

Based on a pre-defined weighted trend formula for chart analysis, CL.Z22 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CL.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.46 51.65 51.40 51.65 +0.02
Prev. Close Volume Bid Ask Time
51.68 2442 2020-01-17 16:49:15
First Delivery2022-12-31Expiration2022-11-21
Open Time18:00Close Time17:00
Get a free daily report for CRUDE OIL Dec 2022 (CL.Z22) - Free Trend Analysis Report.