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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.

NYMEX_NG.H24
Open High Low NG.H24 Price Change
2.636 2.678 2.626 2.652 +0.022
Entry Signal

MarketClub’s Trade Triangles for NG.H24

long term down The long-term trend has been DOWN since Sep 17th, 2023 at 3.218

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2023 at 3.185

short term down 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).

-100
Smart Scan Analysis for NG.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.636 2.678 2.626 2.652 +0.022
Prev. Close Volume Bid Ask Time
2.630 4248 2023-11-30 08:57:26
Expiration2024-02-27Open Time18:00
Close Time17:00
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