Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
NATURAL GAS Nov 2022 (NYMEX:NG.X22)
Sidelines Mode (+50) - NG.X22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NG.X22 can gain momentum.
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 DOWN since May 10th, 2019 at 2.640
The intermediate-term trend has been UP since Feb 14th, 2020 at 2.444
The short-term trend has been UP since Feb 14th, 2020 at 2.410
Smart Scan Analysis for NG.X22
Based on our trend formula, NG.X22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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