Future Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
GOLD Mar 2020 (NYMEX:GC.H20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GC.H20
The long term trend has been UP since Jan 2nd, 2020 at 1526.4
The intermediate term trend has been UP since Jan 2nd, 2020 at 1526.4
The short term trend has been DOWN since Jan 21st, 2020 at 1555.7
Smart Scan Analysis for GC.H20
Based on a pre-defined weighted trend formula for chart analysis, GC.H20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).