Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
CRUDE OIL (TAS) JANUARY 2021 (NYMEX:CLT.F21)
Strong Uptrend (+100) - CLT.F21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CLT.F21 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 CLT.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLT.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLT.F21
The long-term trend has been UP since Sep 9th, 2020 at 2
The intermediate-term trend has been UP since Oct 5th, 2020 at 2
The short-term trend has been UP since Oct 22nd, 2020 at 1
Smart Scan Analysis for CLT.F21
Based on our trend formula, CLT.F21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).