Future Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
NATURAL GAS Dec 2020 (NYMEX:NG.Z20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.Z20
The long term trend has been UP since Oct 10th, 2018 at 2.780
The intermediate term trend has been UP since Mar 13th, 2019 at 2.847
The short term trend has been DOWN since Mar 15th, 2019 at 2.833
Smart Scan Analysis for NG.Z20
Based on a pre-defined weighted trend formula for chart analysis, NG.Z20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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