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Future Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
NATURAL GAS Sep 2023 (NYMEX:NG.U23)
Strong Downtrend (-100) - NG.U23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.U23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NG.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NG.U23
The long-term trend has been DOWN since Dec 22nd, 2022 at 4.517
The intermediate-term trend has been DOWN since Mar 20th, 2023 at 2.854
The short-term trend has been DOWN since Mar 16th, 2023 at 3.028
Smart Scan Analysis for NG.U23
Based on our trend formula, NG.U23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.920 | 2.933 | 2.887 | 2.914 | -0.019 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.933 | 359 | 2023-03-22 05:40:33 |
| Expiration | 2023-08-29 | Open Time | 18:00 |
| Close Time | 17:00 |