Future Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
NATURAL GAS Sep 2023 (NYMEX:NG.U23)
Countertrend Down (-85) - NG.U23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Dec 22nd, 2022 at 4.517
The intermediate-term trend has been DOWN since Dec 22nd, 2022 at 4.616
The short-term trend has been UP since Feb 7th, 2023 at 3.115
Smart Scan Analysis for NG.U23
Based on our trend formula, NG.U23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).