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Future Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

HOUSTON SHIP CHANNEL BASIS SWAP NOVEMBER 2021 (NYMEX:QNH.X21)

Long-Term Downtrend (-90) - QNH.X21 is in a strong downtrend that is likely to continue. While QNH.X21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QNH.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNH.X21.

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

NYMEX_QNH.X21
Open High Low QNH.X21 Price Change
-0.13 -0.13 -0.13 -0.13 0
Entry Signal

MarketClub’s Trade Triangles for QNH.X21

long term down The long-term trend has been DOWN since Oct 4th, 2021 at -0.069

intermediate term down The intermediate-term trend has been DOWN since Sep 28th, 2021 at 0.081

short term down The short-term trend has been DOWN since Sep 15th, 2021 at 0.114

Smart Scan Analysis for QNH.X21

Based on our trend formula, QNH.X21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNH.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.13 -0.13 -0.13 -0.13 0
Prev. Close Volume Bid Ask Time
-0.13 0 2021-10-15 00:00:00
Volatility555.24Expiration2021-10-29
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