Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
NATURAL GAS Jan 2023 (NYMEX:NG.F23)
Long-Term Uptrend (+90) - NG.F23 is in a strong uptrend that is likely to continue. While NG.F23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NG.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.F23
The long-term trend has been UP since Apr 16th, 2021 at 2.891
The intermediate-term trend has been UP since Apr 12th, 2021 at 2.870
The short-term trend has been UP since Apr 9th, 2021 at 2.866
Smart Scan Analysis for NG.F23
Based on our trend formula, NG.F23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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