Future Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
NATURAL GAS Mar 2021 (NYMEX:NG.H21)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.H21
The long term trend has been DOWN since Jun 19th, 2019 at 2.728
The intermediate term trend has been DOWN since Nov 28th, 2019 at 2.577
The short term trend has been UP since Dec 5th, 2019 at 2.568
Smart Scan Analysis for NG.H21
Based on a pre-defined weighted trend formula for chart analysis, NG.H21 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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