Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
NATURAL GAS Jan 2020 (NYMEX:NG.F20)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 NG.F20
The long term trend has been UP since Oct 8th, 2018 at 3.005
The intermediate term trend has been DOWN since Feb 3rd, 2019 at 3.098
The short term trend has been UP since Feb 18th, 2019 at 3.091
Smart Scan Analysis for NG.F20
Based on a pre-defined weighted trend formula for chart analysis, NG.F20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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