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Spread Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

NATURAL GAS Aug 2020/Nov 2020 Spread (NYMEX:NG.Q20_X20)

Strong Downtrend (-100) - NG.Q20_X20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NG.Q20_X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q20_X20.

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

NYMEX_NG.Q20_X20
Open High Low NG.Q20_X20 Price Change
-0.663 -0.663 -0.663 -0.663 -0.005
Entry Signal

MarketClub’s Trade Triangles for NG.Q20_X20

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_X20

Based on our trend formula, NG.Q20_X20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NG.Q20_X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.663 -0.663 -0.663 -0.663 -0.005
Prev. Close Volume Bid Ask Time
-0.522 4 2020-07-29 09:22:40
Open Time09:00Close Time14:30
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