Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Saturday, September 19, 2020.

NATURAL GAS Dec 2020/Feb 2021 Spread (NYMEX:NG.Z20_G21)

Long-Term Downtrend (-90) - NG.Z20_G21 is in a strong downtrend that is likely to continue. While NG.Z20_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.Z20_G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z20_G21.

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

NYMEX_NG.Z20_G21
Open High Low NG.Z20_G21 Price Change
-0.092 -0.084 -0.095 -0.089 +0.003
Entry Signal

MarketClub’s Trade Triangles for NG.Z20_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.Z20_G21

Based on our trend formula, NG.Z20_G21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.Z20_G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.092 -0.084 -0.095 -0.089 +0.003
Prev. Close Volume Bid Ask Time
-0.092 2669 2020-09-18 16:57:20
Open Time09:00Close Time14:30
Get a free daily analysis and signals for NATURAL GAS Dec 2020/Feb 2021 Spread (NG.Z20_G21) - Request Your Free Report.