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Future Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

E-MICRO GOLD Feb 2021 (NYMEX:MGC.G21)

Long-Term Uptrend (+90) - MGC.G21 is in a strong uptrend that is likely to continue. While MGC.G21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MGC.G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.G21.

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

NYMEX_MGC.G21
Open High Low MGC.G21 Price Change
1840.0 1846.2 1840.0 1841.0 -6.6
Entry Signal

MarketClub’s Trade Triangles for MGC.G21

long term up The long-term trend has been UP since Apr 6th, 2020 at 1710.5

intermediate term up The intermediate-term trend has been UP since Jun 19th, 2020 at 1775.9

short term up The short-term trend has been UP since Jul 7th, 2020 at 1827.0

Smart Scan Analysis for MGC.G21

Based on our trend formula, MGC.G21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MGC.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1840.0 1846.2 1840.0 1841.0 -6.6
Prev. Close Volume Bid Ask Time
1762.8 5 2020-07-10 16:33:49
Expiration2021-02-24Open Time18:00
Close Time17:00
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