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Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
E-MICRO GOLD Feb 2022 (NYMEX:MGC.G22)
Strong Downtrend (-100) - MGC.G22 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.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.
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MarketClub’s Trade Triangles for MGC.G22
The long-term trend has been DOWN since Oct 5th, 2020 at 1965.9
The intermediate-term trend has been DOWN since Jan 8th, 2021 at 1853.0
The short-term trend has been DOWN since Feb 25th, 2021 at 1795.3
Smart Scan Analysis for MGC.G22
Based on our trend formula, MGC.G22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1742.8 | 1742.8 | 1716.0 | 1727.6 | -16.7 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1716.0 | 7 | 2021-03-03 10:43:48 |
| Expiration | 2022-02-24 | Open Time | 18:00 |
| Close Time | 17:00 |