Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
NATURAL GAS Jun 2021 (NYMEX:NG.M21)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.M21
The long term trend has been DOWN since Jun 13th, 2019 at 2.500
The intermediate term trend has been UP since Sep 6th, 2019 at 2.352
The short term trend has been DOWN since Sep 20th, 2019 at 2.316
Smart Scan Analysis for NG.M21
Based on a pre-defined weighted trend formula for chart analysis, NG.M21 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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