Future Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
NATURAL GAS Nov 2020 (NYMEX:NG.X20)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NG.X20
The long term trend has been UP since Mar 12th, 2019 at 2.700
The intermediate term trend has been UP since Feb 20th, 2019 at 2.690
The short term trend has been UP since Mar 21st, 2019 at 2.697
Smart Scan Analysis for NG.X20
Based on a pre-defined weighted trend formula for chart analysis, NG.X20 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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