Future Trend Analysis Report
Prepared for you on Saturday, September 21, 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 DOWN since May 31st, 2019 at 2.520
The intermediate term trend has been UP since Sep 4th, 2019 at 2.325
The short term trend has been DOWN since Sep 18th, 2019 at 2.400
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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