Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
E-MICRO GOLD Feb 2022 (NYMEX:MGC.G22)
Crossroads (+60) - MGC.G22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MGC.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.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.G22
The long-term trend has been DOWN since Aug 6th, 2021 at 1768.0
The intermediate-term trend has been UP since Oct 13th, 2021 at 1783.4
The short-term trend has been UP since Oct 20th, 2021 at 1775.6
Smart Scan Analysis for MGC.G22
Based on our trend formula, MGC.G22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).