Future Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
HENRY HUB FINANCIAL LAST DAY May 2020 (NYMEX:HH.K20)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 HH.K20
The long term trend has been DOWN since May 30th, 2019 at 2.514
The intermediate term trend has been DOWN since Sep 25th, 2019 at 2.353
The short term trend has been UP since Oct 16th, 2019 at 2.238
Smart Scan Analysis for HH.K20
Based on a pre-defined weighted trend formula for chart analysis, HH.K20 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).