Future Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
NATURAL GAS Aug 2021 (NYMEX:NG.Q21)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.Q21
The long term trend has been DOWN since Jun 20th, 2019 at 2.540
The intermediate term trend has been DOWN since Apr 18th, 2019 at 2.566
The short term trend has been DOWN since Aug 6th, 2019 at 2.450
Smart Scan Analysis for NG.Q21
Based on a pre-defined weighted trend formula for chart analysis, NG.Q21 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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