Future Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
NATURAL GAS FEBRUARY 2020 (NYMEX:QNG.G20)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 QNG.G20
The long term trend has been DOWN since Nov 29th, 2019 at 2.452
The intermediate term trend has been DOWN since Nov 18th, 2019 at 2.616
The short term trend has been DOWN since Jan 15th, 2020 at 2.163
Smart Scan Analysis for QNG.G20
Based on a pre-defined weighted trend formula for chart analysis, QNG.G20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5.13||52wk High Date||2014-05-08|
|52wk Low||1.83||52wk Low Date||2020-01-19|