Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

CRUDE OIL Dec 2023 (NYMEX:CL.Z23)

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.Z23
Open High Low CL.Z23 Price Change
51.47 51.60 51.30 51.45 -0.27
Entry Signal

MarketClub’s Trade Triangles for CL.Z23

long term up The long term trend has been UP since Jul 10th, 2019 at 54.6

intermediate term up The intermediate term trend has been UP since Aug 13th, 2019 at 53.3

short term down The short term trend has been DOWN since Aug 15th, 2019 at 52.6

Smart Scan Analysis for CL.Z23

Based on a pre-defined weighted trend formula for chart analysis, CL.Z23 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CL.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.47 51.60 51.30 51.45 -0.27
Prev. Close Volume Bid Ask Time
53.93 601 2019-08-23 14:28:41
First Delivery2023-12-31Expiration2023-11-20
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL Dec 2023 CL.Z23 or another symbol? Try our Free Future Trend Analysis Report.