Future Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
NATURAL GAS Apr 2020 (NYMEX:NG.J20)
Strong Downtrend (-100) - NG.J20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NG.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.J20
The long-term trend has been DOWN since Nov 29th, 2019 at 2.229
The intermediate-term trend has been DOWN since Nov 27th, 2019 at 2.277
The short-term trend has been DOWN since Mar 16th, 2020 at 1.791
Smart Scan Analysis for NG.J20
Based on our trend formula, NG.J20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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