Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
NATURAL GAS Nov 2020 (NYMEX:NG.X20)
Crossroads (-60) - NG.X20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NG.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.X20
The long-term trend has been UP since Apr 9th, 2020 at 2.439
The intermediate-term trend has been DOWN since May 12th, 2020 at 2.475
The short-term trend has been DOWN since May 5th, 2020 at 2.631
Smart Scan Analysis for NG.X20
Based on our trend formula, NG.X20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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