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Future Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
NATURAL GAS Apr 2023 (NYMEX:NG.J23)
Strong Downtrend (-100) - NG.J23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.J23 continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NG.J23
The long-term trend has been DOWN since Dec 22nd, 2022 at 4.397
The intermediate-term trend has been DOWN since Mar 20th, 2023 at 2.327
The short-term trend has been DOWN since Mar 17th, 2023 at 2.460
Smart Scan Analysis for NG.J23
Based on our trend formula, NG.J23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.024 | 2.083 | 1.944 | 1.991 | -0.054 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.981 | 3494 | 2023-03-29 14:27:57 |
| Expiration | 2023-03-29 | Open Time | 18:00 |
| Close Time | 17:00 |