Future Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
NATURAL GAS Jan 2021 (NYMEX:NG.F21)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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.F21
The long term trend has been UP since Oct 9th, 2018 at 2.880
The intermediate term trend has been DOWN since Feb 26th, 2019 at 2.924
The short term trend has been DOWN since Mar 21st, 2019 at 2.954
Smart Scan Analysis for NG.F21
Based on a pre-defined weighted trend formula for chart analysis, NG.F21 scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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