Spread Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
NATURAL GAS NOV 22/MAR 26 (NYMEX:QNG.X22-QNG.H26)
Strong Downtrend (-100) - QNG.X22-QNG.H26 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.X22-QNG.H26 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.X22-QNG.H26?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X22-QNG.H26.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.X22-QNG.H26
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.X22-QNG.H26
Based on our trend formula, QNG.X22-QNG.H26 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).