Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
NATURAL GAS Mar 2020 (NYMEX:NG.H20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.H20
The long term trend has been UP since Sep 15th, 2019 at 2.740
The intermediate term trend has been UP since Sep 4th, 2019 at 2.523
The short term trend has been DOWN since Sep 18th, 2019 at 2.710
Smart Scan Analysis for NG.H20
Based on a pre-defined weighted trend formula for chart analysis, NG.H20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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