Future Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
NATURAL GAS Apr 2021 (NYMEX:NG.J21)
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.J21
The long term trend has been DOWN since Jun 20th, 2019 at 2.475
The intermediate term trend has been UP since Sep 3rd, 2019 at 2.328
The short term trend has been DOWN since Sep 20th, 2019 at 2.319
Smart Scan Analysis for NG.J21
Based on a pre-defined weighted trend formula for chart analysis, NG.J21 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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