Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
NATURAL GAS Dec 2022 (NYMEX:NG.Z22)
Bull Market Weakness (+75) - NG.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Z22
The long-term trend has been UP since Apr 13th, 2021 at 2.785
The intermediate-term trend has been UP since Apr 8th, 2021 at 2.765
The short-term trend has been DOWN since Oct 19th, 2021 at 4.224
Smart Scan Analysis for NG.Z22
Based on our trend formula, NG.Z22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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