Future Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
NATURAL GAS Dec 2019 (NYMEX:NG.Z19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.Z19
The long term trend has been UP since Sep 9th, 2019 at 2.781
The intermediate term trend has been DOWN since Sep 29th, 2019 at 2.539
The short term trend has been UP since Oct 13th, 2019 at 2.467
Smart Scan Analysis for NG.Z19
Based on a pre-defined weighted trend formula for chart analysis, NG.Z19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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