Future Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
NATURAL GAS Dec 2020 (NYMEX:NG.Z20)
Weak Downtrend (-65) - NG.Z20 is showing signs of a strengthening downtrend. Monitor NG.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Z20
The long-term trend has been UP since Mar 30th, 2020 at 2.626
The intermediate-term trend has been DOWN since May 21st, 2020 at 2.798
The short-term trend has been DOWN since May 28th, 2020 at 2.803
Smart Scan Analysis for NG.Z20
Based on our trend formula, NG.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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