Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
NATURAL GAS Nov 2022 (NYMEX:NG.X22)
Long-Term Uptrend (+90) - NG.X22 is in a strong uptrend that is likely to continue. While NG.X22 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.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.X22
The long-term trend has been UP since Apr 16th, 2021 at 2.642
The intermediate-term trend has been UP since Apr 6th, 2021 at 2.596
The short-term trend has been UP since Oct 22nd, 2021 at 4.129
Smart Scan Analysis for NG.X22
Based on our trend formula, NG.X22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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