Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
NATURAL GAS Dec 2021 (NYMEX:NG.Z21)
Weak Downtrend (-65) - NG.Z21 is showing signs of a strengthening downtrend. Monitor NG.Z21 as it may be building momentum to the downside.
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 Apr 6th, 2020 at 2.620
The intermediate-term trend has been DOWN since May 20th, 2020 at 2.751
The short-term trend has been DOWN since May 13th, 2020 at 2.774
Smart Scan Analysis for NG.Z21
Based on our trend formula, NG.Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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