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Future Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

NGPL MIDCONTINENT BASIS DECEMBER 2020 (NYMEX:QNL.Z20)

Long-Term Downtrend (-90) - QNL.Z20 is in a strong downtrend that is likely to continue. While QNL.Z20 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.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNL.Z20.

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

NYMEX_QNL.Z20
Open High Low QNL.Z20 Price Change
-0.241 -0.241 -0.241 -0.241 0.000
Entry Signal

MarketClub’s Trade Triangles for QNL.Z20

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 QNL.Z20

Based on our trend formula, QNL.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNL.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.241 -0.241 -0.241 -0.241 0.000
Prev. Close Volume Bid Ask Time
-0.241 0 2020-06-04 00:00:00
Volatility76.79Expiration2020-11-30
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