Future Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
NATURAL GAS Mar 2024 (NYMEX:NG.H24)
Bull Market Weakness (+75) - NG.H24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.H24 as it may be in the beginning stages of a reversal.
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 UP since Oct 23rd, 2020 at 2.630
The intermediate-term trend has been UP since Jan 9th, 2022 at 3.373
The short-term trend has been UP since Jan 9th, 2022 at 3.330
Smart Scan Analysis for NG.H24
Based on our trend formula, NG.H24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).