Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
NATURAL GAS Dec 2021 (NYMEX:NG.Z21)
Crossroads (-60) - NG.Z21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NG.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Z21
The long-term trend has been UP since May 16th, 2021 at 3.270
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 5.355
The short-term trend has been DOWN since Oct 17th, 2021 at 5.590
Smart Scan Analysis for NG.Z21
Based on our trend formula, NG.Z21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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