Future Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
NATURAL GAS Aug 2022 (NYMEX:NG.Q22)
Weak Downtrend (-65) - NG.Q22 is showing signs of a strengthening downtrend. Monitor NG.Q22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Q22
The long-term trend has been UP since Apr 28th, 2021 at 2.594
The intermediate-term trend has been DOWN since Jun 14th, 2022 at 8.091
The short-term trend has been DOWN since Jun 30th, 2022 at 6.417
Smart Scan Analysis for NG.Q22
Based on our trend formula, NG.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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