Future Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
NATURAL GAS Nov 2021 (NYMEX:NG.X21)
Sidelines Mode (-55) - NG.X21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.X21
The long-term trend has been DOWN since Apr 23rd, 2019 at 2.630
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 2.391
The short-term trend has been UP since Feb 6th, 2020 at 2.345
Smart Scan Analysis for NG.X21
Based on our trend formula, NG.X21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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