Future Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
NATURAL GAS Jul 2030 (NYMEX:QNG.N30)
Sidelines Mode (-50) - QNG.N30 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QNG.N30 can gain momentum.
Is it time to buy, sell, or avoid QNG.N30?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.N30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.N30
The long-term trend has been UP since Jan 19th, 2021 at 2.641
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 3.409
The short-term trend has been DOWN since Oct 5th, 2021 at 3.403
Smart Scan Analysis for QNG.N30
Based on our trend formula, QNG.N30 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).