Future Trend Analysis Report
Prepared for you on Thursday, May 23, 2019.
NATURAL GAS Feb 2021 (NYMEX:NG.G21)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.G21
The long term trend has been DOWN since Apr 23rd, 2019 at 2.857
The intermediate term trend has been UP since May 14th, 2019 at 2.913
The short term trend has been DOWN since May 22nd, 2019 at 2.917
Smart Scan Analysis for NG.G21
Based on a pre-defined weighted trend formula for chart analysis, NG.G21 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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