Spread Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
NATURAL GAS APR 23/JUL 24 (NYMEX:QNG.J23-QNG.N24)
Strong Downtrend (-100) - QNG.J23-QNG.N24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.J23-QNG.N24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.J23-QNG.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.J23-QNG.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.J23-QNG.N24
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.J23-QNG.N24
Based on our trend formula, QNG.J23-QNG.N24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).