Future Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
HOUSTON SHIP CHANNEL BASIS SWAP OCTOBER 2020 (NYMEX:QNH.V20)
Weak Downtrend (-65) - QNH.V20 is showing signs of a strengthening downtrend. Monitor QNH.V20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QNH.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNH.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNH.V20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QNH.V20
Based on our trend formula, QNH.V20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).