Future Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
NATURAL GAS JUNE 2030 (NYMEX:QNG.M30)
Sidelines Mode (-50) - QNG.M30 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QNG.M30 can gain momentum.
Is it time to buy, sell, or avoid QNG.M30?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.M30
The long-term trend has been UP since Jan 19th, 2021 at 2.601
The intermediate-term trend has been DOWN since Oct 1st, 2021 at 3.134
The short-term trend has been DOWN since Sep 28th, 2021 at 3.351
Smart Scan Analysis for QNG.M30
Based on our trend formula, QNG.M30 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).