Future Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
HENRY HUB FINANCIAL Jul 2023 (NYMEX:HP.N23)
Countertrend Down (-85) - HP.N23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HP.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HP.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HP.N23
The long-term trend has been DOWN since Jan 23rd, 2023 at 3.575
The intermediate-term trend has been DOWN since May 30th, 2023 at 2.428
The short-term trend has been UP since Jun 5th, 2023 at 2.305
Smart Scan Analysis for HP.N23
Based on our trend formula, HP.N23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).