Future Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
NATURAL GAS Mar 2021 (NYMEX:NG.H21)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.H21
The long term trend has been DOWN since Jun 19th, 2019 at 2.728
The intermediate term trend has been UP since Oct 29th, 2019 at 2.580
The short term trend has been DOWN since Nov 14th, 2019 at 2.598
Smart Scan Analysis for NG.H21
Based on a pre-defined weighted trend formula for chart analysis, NG.H21 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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