Future Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
NATURAL GAS Apr 2020 (NYMEX:NG.J20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.J20
The long term trend has been UP since Dec 12th, 2018 at 2.599
The intermediate term trend has been UP since Feb 12th, 2019 at 2.630
The short term trend has been DOWN since Mar 21st, 2019 at 2.636
Smart Scan Analysis for NG.J20
Based on a pre-defined weighted trend formula for chart analysis, NG.J20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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