Analyze Symbol

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.

NYMEX_MGC.G20
Open High Low MGC.G20 Price Change
1480.7 1485.0 1463.4 1464.6 -16.6
Entry Signal

MarketClub’s Trade Triangles for MGC.G20

long term up The long term trend has been UP since Jun 5th, 2019 at 1352.2

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1482.5

short term down 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).

+55
Smart Scan Analysis for MGC.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1480.7 1485.0 1463.4 1464.6 -16.6
Prev. Close Volume Bid Ask Time
1464.7 33760 2019-12-06 16:59:32
First Delivery2020-02-28Expiration2020-02-26
Open Time18:00Close Time17:00
Want to analyze E-MICRO GOLD Feb 2020 MGC.G20 or another symbol? Try our Free Future Trend Analysis Report.