Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

COTTON DEC 22/JUL 23 (NYMEX:QTT.Z22-QTT.N23)

Long-Term Downtrend (-90) - QTT.Z22-QTT.N23 is in a strong downtrend that is likely to continue. While QTT.Z22-QTT.N23 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.Z22-QTT.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTT.Z22-QTT.N23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QTT.Z22-QTT.N23
Open High Low QTT.Z22-QTT.N23 Price Change
0.0672 0.0672 0.0672 0.0672 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTT.Z22-QTT.N23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTT.Z22-QTT.N23

Based on our trend formula, QTT.Z22-QTT.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTT.Z22-QTT.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0672 0.0672 0.0672 0.0672 0.0000
Prev. Close Volume Bid Ask Time
0.0672 0 2021-11-26 00:00:00
Get a free daily analysis and signals for COTTON DEC 22/JUL 23 (QTT.Z22-QTT.N23) - Request Your Free Report.