Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
E-MICRO GOLD Dec 2021 (NYMEX:MGC.Z21)
Bull Market Weakness (+75) - MGC.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGC.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MGC.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGC.Z21
The long-term trend has been UP since Nov 10th, 2021 at 1836.8
The intermediate-term trend has been UP since Oct 13th, 2021 at 1782.5
The short-term trend has been UP since Nov 26th, 2021 at 1800.0
Smart Scan Analysis for MGC.Z21
Based on our trend formula, MGC.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).