Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
NATURAL GAS Nov 2023 (NYMEX:NG.X23)
Weak Downtrend (-65) - NG.X23 is showing signs of a strengthening downtrend. Monitor NG.X23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.X23
The long-term trend has been UP since Apr 15th, 2021 at 2.575
The intermediate-term trend has been DOWN since Jun 21st, 2022 at 5.144
The short-term trend has been DOWN since Jun 14th, 2022 at 5.744
Smart Scan Analysis for NG.X23
Based on our trend formula, NG.X23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).