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Spread Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

NATURAL GAS Aug 2020/Feb 2021 Spread (NYMEX:NG.Q20_G21)

Long-Term Downtrend (-90) - NG.Q20_G21 is in a strong downtrend that is likely to continue. While NG.Q20_G21 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 NG.Q20_G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q20_G21.

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

NYMEX_NG.Q20_G21
Open High Low NG.Q20_G21 Price Change
-0.813 -0.750 -0.813 -0.750 +0.054
Entry Signal

MarketClub’s Trade Triangles for NG.Q20_G21

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 NG.Q20_G21

Based on our trend formula, NG.Q20_G21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.Q20_G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.813 -0.750 -0.813 -0.750 +0.054
Prev. Close Volume Bid Ask Time
-0.734 10 2020-04-03 15:35:04
Open Time18:00Close Time17:00
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