Spread Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
COTTON DEC 21/MAR 22 (NYMEX:QTT.Z21-QTT.H22)
Long-Term Downtrend (-90) - QTT.Z21-QTT.H22 is in a strong downtrend that is likely to continue. While QTT.Z21-QTT.H22 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.Z21-QTT.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTT.Z21-QTT.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTT.Z21-QTT.H22
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.Z21-QTT.H22
Based on our trend formula, QTT.Z21-QTT.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).