Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
NGPL MIDCONTINENT BASIS Sep 2020 (NYMEX:QNL.U20)
Long-Term Downtrend (-90) - QNL.U20 is in a strong downtrend that is likely to continue. While QNL.U20 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 QNL.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNL.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNL.U20
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 QNL.U20
Based on our trend formula, QNL.U20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).