Spread Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
NATURAL GAS APR 20/FEB 23 (NYMEX:QNG.J20-QNG.G23)
Long-Term Downtrend (-90) - QNG.J20-QNG.G23 is in a strong downtrend that is likely to continue. While QNG.J20-QNG.G23 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 QNG.J20-QNG.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.J20-QNG.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.J20-QNG.G23
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 QNG.J20-QNG.G23
Based on our trend formula, QNG.J20-QNG.G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).