Future Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
NATURAL GAS Nov 2021 (NYMEX:NG.X21)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NG.X21
The long term trend has been UP since Nov 5th, 2018 at 2.615
The intermediate term trend has been DOWN since Mar 22nd, 2019 at 2.650
The short term trend has been DOWN since Mar 22nd, 2019 at 2.650
Smart Scan Analysis for NG.X21
Based on a pre-defined weighted trend formula for chart analysis, NG.X21 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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