Future Trend Analysis Report
Prepared for you on Sunday, December 8, 2019.
E-MICRO GOLD Feb 2020 (NYMEX:MGC.G20)
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 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 DOWN since Dec 6th, 2019 at 1476.8
Smart Scan Analysis for MGC.G20
Based on a pre-defined weighted trend formula for chart analysis, MGC.G20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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