Future Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
NATURAL GAS Mar 2020 (NYMEX:NG.H20)
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.H20
The long term trend has been DOWN since May 31st, 2019 at 2.768
The intermediate term trend has been UP since Jul 10th, 2019 at 2.719
The short term trend has been DOWN since Jul 14th, 2019 at 2.693
Smart Scan Analysis for NG.H20
Based on a pre-defined weighted trend formula for chart analysis, NG.H20 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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