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.
MarketClub’s Trade Triangles for CL.Z22
The long term trend has been UP since Jan 2nd, 2020 at 52.22
The intermediate term trend has been UP since Dec 27th, 2019 at 52.01
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).
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