Future Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
NATURAL GAS Dec 2022 (NYMEX:NG.Z22)
Countertrend Up (+85) - NG.Z22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 21st, 2020 at 2.625
The intermediate-term trend has been UP since Oct 12th, 2020 at 2.751
The short-term trend has been UP since Sep 24th, 2020 at 2.744
Smart Scan Analysis for NG.Z22
Based on our trend formula, NG.Z22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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