Future Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
E-MICRO GOLD Jun 2021 (NYMEX:MGC.M21)
Countertrend Up (+85) - MGC.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MGC.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGC.M21
The long-term trend has been UP since Jan 14th, 2020 at 1542.0
The intermediate-term trend has been UP since Jun 21st, 2020 at 1783.1
The short-term trend has been DOWN since Jul 14th, 2020 at 1849.0
Smart Scan Analysis for MGC.M21
Based on our trend formula, MGC.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).