Future Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
NATURAL GAS Oct 2021 (NYMEX:NG.V21)
Long-Term Uptrend (+90) - NG.V21 is in a strong uptrend that is likely to continue. While NG.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NG.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.V21
The long-term trend has been UP since Mar 30th, 2020 at 2.410
The intermediate-term trend has been UP since Jul 28th, 2020 at 2.587
The short-term trend has been UP since Jul 23rd, 2020 at 2.550
Smart Scan Analysis for NG.V21
Based on our trend formula, NG.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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