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Spread Trend Analysis Report

Prepared for you on Monday, August 10, 2020.

NATURAL GAS Sep 2020/Dec 2020 Spread (NYMEX:NG.U20_Z20)

Weak Downtrend (-65) - NG.U20_Z20 is showing signs of a strengthening downtrend. Monitor NG.U20_Z20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.U20_Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U20_Z20.

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

NYMEX_NG.U20_Z20
Open High Low NG.U20_Z20 Price Change
-0.784 -0.770 -0.789 -0.770 +0.036
Entry Signal

MarketClub’s Trade Triangles for NG.U20_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 NG.U20_Z20

Based on our trend formula, NG.U20_Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.U20_Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.784 -0.770 -0.789 -0.770 +0.036
Prev. Close Volume Bid Ask Time
-0.950 24 2020-08-10 01:04:36
Open Time09:00Close Time14:30
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