Future Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
NATURAL GAS Oct 2033 (NYMEX:QNG.V33)
Bull Market Weakness (+75) - QNG.V33 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QNG.V33 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QNG.V33?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.V33.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.V33
The long-term trend has been UP since Dec 1st, 2020 at 2.748
The intermediate-term trend has been UP since Jun 16th, 2021 at 2.913
The short-term trend has been DOWN since Sep 27th, 2021 at 3.722
Smart Scan Analysis for QNG.V33
Based on our trend formula, QNG.V33 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).