Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
NATURAL GAS May 2022 (NYMEX:NG.K22)
Long-Term Uptrend (+90) - NG.K22 is in a strong uptrend that is likely to continue. While NG.K22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NG.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.K22
The long-term trend has been UP since Apr 12th, 2020 at 2.285
The intermediate-term trend has been UP since Jul 24th, 2020 at 2.265
The short-term trend has been UP since Aug 11th, 2020 at 2.340
Smart Scan Analysis for NG.K22
Based on our trend formula, NG.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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