Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
NATURAL GAS Dec 2020 (NYMEX:NG.Z20)
Sidelines Mode (-55) - NG.Z20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NG.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Z20
The long-term trend has been DOWN since Nov 16th, 2020 at 2.811
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 3.159
The short-term trend has been UP since Nov 23rd, 2020 at 2.715
Smart Scan Analysis for NG.Z20
Based on our trend formula, NG.Z20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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