Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
NATURAL GAS Mar 2020 (NYMEX:NG.H20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 UP since Jan 14th, 2019 at 2.956
The intermediate term trend has been DOWN since Feb 4th, 2019 at 2.879
The short term trend has been UP since Feb 19th, 2019 at 2.910
Smart Scan Analysis for NG.H20
Based on a pre-defined weighted trend formula for chart analysis, NG.H20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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