Future Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
NATURAL GAS Feb 2021 (NYMEX:NG.G21)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.G21
The long term trend has been UP since Nov 2nd, 2018 at 2.842
The intermediate term trend has been DOWN since Feb 27th, 2019 at 2.860
The short term trend has been DOWN since Mar 25th, 2019 at 2.904
Smart Scan Analysis for NG.G21
Based on a pre-defined weighted trend formula for chart analysis, NG.G21 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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