Analyze Symbol

Spread Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

NATURAL GAS Jun 2020/Jul 2020 Spread (NYMEX:NG.M20_N20)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

NYMEX_NG.M20_N20
Open High Low NG.M20_N20 Price Change
-0.050 -0.048 -0.050 -0.049 +0.001
Entry Signal

MarketClub’s Trade Triangles for NG.M20_N20

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for NG.M20_N20

Based on a pre-defined weighted trend formula for chart analysis, NG.M20_N20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NG.M20_N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.050 -0.048 -0.050 -0.049 +0.001
Prev. Close Volume Bid Ask Time
-0.045 235 2019-10-17 17:28:27
Open Time18:00Close Time17:00
Want to analyze NATURAL GAS Jun 2020/Jul 2020 Spread NG.M20_N20 or another symbol? Try our Free Spread Trend Analysis Report.