Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
NATURAL GAS Jul 2020 (NYMEX:NG.N20)
Long-Term Downtrend (-90) - NG.N20 is in a strong downtrend that is likely to continue. While NG.N20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NG.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.N20
The long-term trend has been DOWN since May 15th, 2020 at 1.825
The intermediate-term trend has been DOWN since May 11th, 2020 at 2.066
The short-term trend has been DOWN since May 28th, 2020 at 1.852
Smart Scan Analysis for NG.N20
Based on our trend formula, NG.N20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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