Future Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
NATURAL GAS Apr 2023 (NYMEX:NG.J23)
Bull Market Weakness (+75) - NG.J23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.J23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.J23
The long-term trend has been UP since Feb 2nd, 2021 at 2.394
The intermediate-term trend has been DOWN since Aug 8th, 2022 at 4.795
The short-term trend has been UP since Aug 10th, 2022 at 4.930
Smart Scan Analysis for NG.J23
Based on our trend formula, NG.J23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).