Future Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
NATURAL GAS Jul 2022 (NYMEX:NG.N22)
Long-Term Downtrend (-90) - NG.N22 is in a strong downtrend that is likely to continue. While NG.N22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NG.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.N22
The long-term trend has been DOWN since Dec 3rd, 2020 at 2.440
The intermediate-term trend has been DOWN since Nov 16th, 2020 at 2.577
The short-term trend has been DOWN since Dec 2nd, 2020 at 2.531
Smart Scan Analysis for NG.N22
Based on our trend formula, NG.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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