Future Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
E-MICRO GOLD Apr 2020 (NYMEX:MGC.J20)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MGC.J20
The long term trend has been UP since Nov 1st, 2018 at 1286.0
The intermediate term trend has been UP since Dec 3rd, 2019 at 1488.0
The short term trend has been UP since Jan 17th, 2020 at 1564.3
Smart Scan Analysis for MGC.J20
Based on a pre-defined weighted trend formula for chart analysis, MGC.J20 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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