Future Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
NATURAL GAS Oct 2020 (NYMEX:NG.V20)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.V20
The long term trend has been DOWN since Jan 2nd, 2019 at 2.520
The intermediate term trend has been UP since Jan 9th, 2019 at 2.591
The short term trend has been DOWN since Jan 16th, 2019 at 2.606
Smart Scan Analysis for NG.V20
Based on a pre-defined weighted trend formula for chart analysis, NG.V20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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