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Future Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

HOUSTON SHIP CHANNEL BASIS SWAP May 2021 (NYMEX:QNH.K21)

Weak Downtrend (-65) - QNH.K21 is showing signs of a strengthening downtrend. Monitor QNH.K21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QNH.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNH.K21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QNH.K21
Open High Low QNH.K21 Price Change
0.055 0.055 0.055 0.055 0.000
Entry Signal

MarketClub’s Trade Triangles for QNH.K21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QNH.K21

Based on our trend formula, QNH.K21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QNH.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.055 0.055 0.055 0.055 0.000
Prev. Close Volume Bid Ask Time
0.055 0 2021-04-21 00:00:00
Volatility496.09Expiration2021-04-30
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