Future Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
NATURAL GAS Mar 2024 (NYMEX:NG.H24)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.H24
The long term trend has been DOWN since Dec 2nd, 2019 at 2.733
The intermediate term trend has been UP since Sep 17th, 2018 at 2.822
The short term trend has been DOWN since Oct 23rd, 2019 at 2.862
Smart Scan Analysis for NG.H24
Based on a pre-defined weighted trend formula for chart analysis, NG.H24 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).