Future Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
E-MICRO GOLD Feb 2020 (NYMEX:MGC.G20)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 MGC.G20
The long term trend has been UP since Jun 5th, 2019 at 1352.2
The intermediate term trend has been UP since Dec 3rd, 2019 at 1482.5
The short term trend has been UP since Jan 17th, 2020 at 1558.2
Smart Scan Analysis for MGC.G20
Based on a pre-defined weighted trend formula for chart analysis, MGC.G20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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