Future Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
HENRY HUB FINANCIAL LAST DAY May 2024 (NYMEX:HH.K24)
Long-Term Downtrend (-90) - HH.K24 is in a strong downtrend that is likely to continue. While HH.K24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HH.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for HH.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HH.K24
The long-term trend has been DOWN since Nov 16th, 2023 at 2.948
The intermediate-term trend has been DOWN since Nov 9th, 2023 at 3.036
The short-term trend has been DOWN since Nov 6th, 2023 at 3.191
Smart Scan Analysis for HH.K24
Based on our trend formula, HH.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).