Future Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
UK NBP NATURAL GAS Feb 2019 (NYMEX:UKG.G19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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 UKG.G19
The long term trend has been DOWN since Dec 5th, 2018 at 67.27
The intermediate term trend has been DOWN since Oct 2nd, 2018 at 78.38
The short term trend has been UP since Jan 11th, 2019 at 61.67
Smart Scan Analysis for UKG.G19
Based on a pre-defined weighted trend formula for chart analysis, UKG.G19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).