Future Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
NATURAL GAS Sep 2020 (NYMEX:NG.U20)
Weak Downtrend (-65) - NG.U20 is showing signs of a strengthening downtrend. Monitor NG.U20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.U20
The long-term trend has been UP since Apr 20th, 2020 at 2.326
The intermediate-term trend has been DOWN since May 12th, 2020 at 2.191
The short-term trend has been DOWN since May 28th, 2020 at 1.989
Smart Scan Analysis for NG.U20
Based on our trend formula, NG.U20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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