Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
NATURAL GAS Apr 2023 (NYMEX:NG.J23)
Weak Downtrend (-65) - NG.J23 is showing signs of a strengthening downtrend. Monitor NG.J23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.J23
The long-term trend has been UP since Feb 2nd, 2021 at 2.394
The intermediate-term trend has been DOWN since Jun 17th, 2022 at 5.016
The short-term trend has been DOWN since Jun 14th, 2022 at 5.985
Smart Scan Analysis for NG.J23
Based on our trend formula, NG.J23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).