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Future Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

HOUSTON SHIP CHANNEL BASIS SWAP Dec 2021 (NYMEX:QNH.Z21)

Crossroads (-60) - QNH.Z21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QNH.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNH.Z21.

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

NYMEX_QNH.Z21
Open High Low QNH.Z21 Price Change
0.093 0.093 0.093 0.093 0.000
Entry Signal

MarketClub’s Trade Triangles for QNH.Z21

long term up The long-term trend has been UP since Sep 1st, 2021 at 0.170

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2021 at 0.199

short term down The short-term trend has been DOWN since Oct 7th, 2021 at 0.199

Smart Scan Analysis for QNH.Z21

Based on our trend formula, QNH.Z21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QNH.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.093 0.093 0.093 0.093 0.000
Prev. Close Volume Bid Ask Time
0.093 0 2021-12-02 00:00:00
Volatility426.28Expiration2021-11-30
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