Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
NATURAL GAS Nov 2020 (NYMEX:NG.X20)
Strong Downtrend (-100) - NG.X20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NG.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.X20
The long-term trend has been DOWN since Nov 29th, 2019 at 2.379
The intermediate-term trend has been DOWN since Jan 17th, 2020 at 2.361
The short-term trend has been DOWN since Feb 20th, 2020 at 2.278
Smart Scan Analysis for NG.X20
Based on our trend formula, NG.X20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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