Future Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
E-MICRO GOLD Apr 2022 (NYMEX:MGC.J22)
Strong Downtrend (-100) - MGC.J22 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.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGC.J22
The long-term trend has been DOWN since Feb 4th, 2021 at 1801.0
The intermediate-term trend has been DOWN since Jan 8th, 2021 at 1888.0
The short-term trend has been DOWN since Feb 25th, 2021 at 1801.4
Smart Scan Analysis for MGC.J22
Based on our trend formula, MGC.J22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).