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Future Trend Analysis Report
Prepared for you on Saturday, May 11, 2024.
(ICE:@MRG.M25)
Long-Term Downtrend (-90) - @MRG.M25 is in a strong downtrend that is likely to continue. While @MRG.M25 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @MRG.M25?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MRG.M25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @MRG.M25
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @MRG.M25
Based on our trend formula, @MRG.M25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| Prev. Close | Volume | Bid | Ask | Time |
| Volatility | 15.64 |