Future Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
NATURAL GAS Dec 2021 (NYMEX:NG.Z21)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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.Z21
The long term trend has been DOWN since Jul 5th, 2019 at 2.773
The intermediate term trend has been DOWN since Dec 19th, 2019 at 2.585
The short term trend has been UP since Jan 2nd, 2020 at 2.584
Smart Scan Analysis for NG.Z21
Based on a pre-defined weighted trend formula for chart analysis, NG.Z21 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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