Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
NATURAL GAS Dec 2022 (NYMEX:NG.Z22)
Long-Term Uptrend (+90) - NG.Z22 is in a strong uptrend that is likely to continue. While NG.Z22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NG.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Z22
The long-term trend has been UP since Apr 13th, 2021 at 2.785
The intermediate-term trend has been UP since Dec 29th, 2021 at 4.213
The short-term trend has been UP since May 23rd, 2022 at 8.385
Smart Scan Analysis for NG.Z22
Based on our trend formula, NG.Z22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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