Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
NATURAL GAS Mar 2024 (NYMEX:NG.H24)
Strong Downtrend (-100) - NG.H24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.H24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NG.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.H24
The long-term trend has been DOWN since Sep 17th, 2023 at 3.218
The intermediate-term trend has been DOWN since Nov 8th, 2023 at 3.185
The short-term trend has been DOWN since Nov 24th, 2023 at 2.788
Smart Scan Analysis for NG.H24
Based on our trend formula, NG.H24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).