Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
MGEX HRSW CSO DEC - JUL SYNTHETIC DECEMBER 2023 (MGEX:@MY8.Z23)
Strong Downtrend (-100) - @MY8.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @MY8.Z23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @MY8.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MY8.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MY8.Z23
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 @MY8.Z23
Based on our trend formula, @MY8.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).