Future Trend Analysis Report
Prepared for you on Saturday, August 15, 2020.
NATURAL GAS Feb 2021 (NYMEX:NG.G21)
Long-Term Uptrend (+90) - NG.G21 is in a strong uptrend that is likely to continue. While NG.G21 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.G21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.G21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.G21
The long-term trend has been UP since Mar 30th, 2020 at 2.699
The intermediate-term trend has been UP since Jul 28th, 2020 at 2.886
The short-term trend has been UP since Aug 3rd, 2020 at 2.939
Smart Scan Analysis for NG.G21
Based on our trend formula, NG.G21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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