Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
NATURAL GAS Oct 2023 (NYMEX:NG.V23)
Bull Market Weakness (+75) - NG.V23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.V23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.V23
The long-term trend has been UP since Jul 24th, 2020 at 2.378
The intermediate-term trend has been UP since Jan 10th, 2022 at 3.279
The short-term trend has been DOWN since Jan 14th, 2022 at 3.262
Smart Scan Analysis for NG.V23
Based on our trend formula, NG.V23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).