Spread Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
E-MICRO GOLD Dec 2021/Feb 2022 Spread (NYMEX:MGC.Z21_G22)
Weak Downtrend (-65) - MGC.Z21_G22 is showing signs of a strengthening downtrend. Monitor MGC.Z21_G22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MGC.Z21_G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Z21_G22.
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_G22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for MGC.Z21_G22
Based on our trend formula, MGC.Z21_G22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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