Future Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
NATURAL GAS Mar 2021 (NYMEX:NG.H21)
Bear Market Rally (-75) - NG.H21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.H21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NG.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.H21
The long-term trend has been DOWN since Nov 16th, 2020 at 2.808
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 3.143
The short-term trend has been UP since Nov 24th, 2020 at 2.757
Smart Scan Analysis for NG.H21
Based on our trend formula, NG.H21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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