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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.

NYMEX_MGC.Z21_G22
Open High Low MGC.Z21_G22 Price Change
-2.2 -2.2 -2.2 -2.2 0
Entry Signal

MarketClub’s Trade Triangles for MGC.Z21_G22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down 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).

-70
Smart Scan Analysis for MGC.Z21_G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.2 -2.2 -2.2 -2.2 0
Prev. Close Volume Bid Ask Time
-2.2 300 2021-12-07 18:38:58
Open Time18:00Close Time17:00
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