Spread Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
NATURAL GAS NOV 23/APR 26 (NYMEX:QNG.X23-QNG.J26)
Strong Downtrend (-100) - QNG.X23-QNG.J26 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.X23-QNG.J26 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.X23-QNG.J26?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X23-QNG.J26.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.X23-QNG.J26
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.X23-QNG.J26
Based on our trend formula, QNG.X23-QNG.J26 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).