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Future Trend Analysis Report

Prepared for you on Thursday, July 9, 2020.

E-MICRO GOLD Dec 2020 (NYMEX:MGC.Z20)

Strong Uptrend (+100) - MGC.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MGC.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid MGC.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Z20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_MGC.Z20
Open High Low MGC.Z20 Price Change
1848.7 1854.3 1841.5 1850.6 +2.2
Entry Signal

MarketClub’s Trade Triangles for MGC.Z20

long term up The long-term trend has been UP since Apr 6th, 2020 at 1712.9

intermediate term up The intermediate-term trend has been UP since Jun 19th, 2020 at 1770.7

short term up The short-term trend has been UP since Jul 6th, 2020 at 1813.8

Smart Scan Analysis for MGC.Z20

Based on our trend formula, MGC.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for MGC.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1848.7 1854.3 1841.5 1850.6 +2.2
Prev. Close Volume Bid Ask Time
1755.8 403 2020-07-09 09:26:20
Expiration2020-12-29Open Time18:00
Close Time17:00
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