Future Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
NATURAL GAS Nov 2020 (NYMEX:NG.X20)
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.X20
The long term trend has been DOWN since Jan 2nd, 2019 at 2.599
The intermediate term trend has been UP since Jan 9th, 2019 at 2.646
The short term trend has been UP since Jan 21st, 2019 at 2.669
Smart Scan Analysis for NG.X20
Based on a pre-defined weighted trend formula for chart analysis, NG.X20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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