Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
NATURAL GAS Sep 2023 (NYMEX:NG.U23)
Bull Market Weakness (+75) - NG.U23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.U23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.U23
The long-term trend has been UP since Oct 22nd, 2020 at 2.384
The intermediate-term trend has been UP since Jan 10th, 2022 at 3.244
The short-term trend has been DOWN since Jan 14th, 2022 at 3.233
Smart Scan Analysis for NG.U23
Based on our trend formula, NG.U23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).