Spread Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
COTTON JUL 20/DEC 20 (NYMEX:QTT.N20-QTT.Z20)
Long-Term Downtrend (-90) - QTT.N20-QTT.Z20 is in a strong downtrend that is likely to continue. While QTT.N20-QTT.Z20 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 QTT.N20-QTT.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTT.N20-QTT.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTT.N20-QTT.Z20
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 QTT.N20-QTT.Z20
Based on our trend formula, QTT.N20-QTT.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).