Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
NATURAL GAS Aug 2020 (NYMEX:NG.Q20)
Bull Market Weakness (+75) - NG.Q20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.Q20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Q20
The long-term trend has been DOWN since Nov 29th, 2019 at 2.297
The intermediate-term trend has been UP since Apr 6th, 2020 at 2.069
The short-term trend has been UP since Apr 6th, 2020 at 2.029
Smart Scan Analysis for NG.Q20
Based on our trend formula, NG.Q20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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