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Chandes Trendscore Oil Technical Analysis & Chandes Trendscore Crude Oil Trading Signals

Developed by Tushar Chande

This oil indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market oil trend by comparing the current close crude crude oil trading price to previous closing crude oil prices over the last 20 price periods.

Chandes Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the midpoint.

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Chandes Trendscore

Oil Technical Analysis and Generating Crude Oil Trading Signals

Buy Oil Trading Signal

A value of above Zero signify and show an upward oil trend of varying strength

A value of +10 indicates a strong trending upward market

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Buy Crude Oil Trading Signal

Sell Oil Trading Signal

A value of below Zero indicates a downwards oil trend of varying strength

A value of -10 indicates a strong trending downward market

Chandes Trendscore Indicator Sell Crude Oil Signal - Chande Trendscore Crude Oil Technical Indicator Analysis in Crude Oil Trading – Chande Trendscore Oil Technical Indicator

Sell Crude Oil Trading Signal