Future Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
NATURAL GAS Jul 2020 (NYMEX:NG.N20)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NG.N20
The long term trend has been DOWN since Jan 3rd, 2019 at 2.531
The intermediate term trend has been UP since Jan 10th, 2019 at 2.590
The short term trend has been UP since Jan 22nd, 2019 at 2.609
Smart Scan Analysis for NG.N20
Based on a pre-defined weighted trend formula for chart analysis, NG.N20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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