Future Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
NATURAL GAS Jul 2021 (NYMEX:NG.N21)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.N21
The long term trend has been DOWN since Jun 20th, 2019 at 2.530
The intermediate term trend has been UP since Oct 29th, 2019 at 2.358
The short term trend has been DOWN since Nov 13th, 2019 at 2.363
Smart Scan Analysis for NG.N21
Based on a pre-defined weighted trend formula for chart analysis, NG.N21 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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