Spread Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
NATURAL GAS Sep 2020/Nov 2020 Spread (NYMEX:NG.U20_X20)
Weak Downtrend (-65) - NG.U20_X20 is showing signs of a strengthening downtrend. Monitor NG.U20_X20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.U20_X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U20_X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.U20_X20
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 NG.U20_X20
Based on our trend formula, NG.U20_X20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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