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Spread Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

E-MICRO GOLD Dec 2021/Dec 2022 Spread (NYMEX:MGC.Z21_Z22)

Strong Downtrend (-100) - MGC.Z21_Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MGC.Z21_Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Z21_Z22.

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

NYMEX_MGC.Z21_Z22
Open High Low MGC.Z21_Z22 Price Change
-12.0 -10.8 -12.4 -11.4 -0.6
Entry Signal

MarketClub’s Trade Triangles for MGC.Z21_Z22

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_Z22

Based on our trend formula, MGC.Z21_Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for MGC.Z21_Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-12.0 -10.8 -12.4 -11.4 -0.6
Prev. Close Volume Bid Ask Time
-10.8 63 2021-11-26 12:42:51
Open Time18:00Close Time17:00
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