Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
MGEX HRSW CSO JUL - MAR SYNTHETIC JULY 2022 (MGEX:@MY2.N22)
Strong Downtrend (-100) - @MY2.N22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @MY2.N22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @MY2.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MY2.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MY2.N22
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 @MY2.N22
Based on our trend formula, @MY2.N22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).