Future Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
NATURAL GAS Feb 2023 (NYMEX:NG.G23)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 NG.G23
The long term trend has been DOWN since Jun 25th, 2019 at 2.890
The intermediate term trend has been UP since Jan 6th, 2020 at 2.676
The short term trend has been DOWN since Jan 22nd, 2020 at 2.700
Smart Scan Analysis for NG.G23
Based on a pre-defined weighted trend formula for chart analysis, NG.G23 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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