Future Trend Analysis Report
Prepared for you on Saturday, May 27, 2023.
NATURAL GAS Jul 2023 (NYMEX:NG.N23)
Weak Downtrend (-65) - NG.N23 is showing signs of a strengthening downtrend. Monitor NG.N23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.N23
The long-term trend has been DOWN since Dec 22nd, 2022 at 4.522
The intermediate-term trend has been UP since May 18th, 2023 at 2.700
The short-term trend has been DOWN since May 22nd, 2023 at 2.656
Smart Scan Analysis for NG.N23
Based on our trend formula, NG.N23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).