Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
CRUDE OIL (TAS) Dec 2020 (NYMEX:CLT.Z20)
Bear Market Rally (-75) - CLT.Z20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLT.Z20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CLT.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLT.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLT.Z20
The long-term trend has been DOWN since Jul 31st, 2020 at -5
The intermediate-term trend has been DOWN since Jul 31st, 2020 at -3
The short-term trend has been DOWN since Sep 21st, 2020 at -1
Smart Scan Analysis for CLT.Z20
Based on our trend formula, CLT.Z20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).