Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
NATURAL GAS Nov 2022 (NYMEX:NG.X22)
Bull Market Weakness (+75) - NG.X22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.X22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.X22
The long-term trend has been UP since Apr 14th, 2020 at 2.450
The intermediate-term trend has been UP since Apr 14th, 2020 at 2.400
The short-term trend has been UP since May 28th, 2020 at 2.462
Smart Scan Analysis for NG.X22
Based on our trend formula, NG.X22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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