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Future Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.


Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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.

Open High Low MGC.M20 Price Change
1570.1 1575.0 1564.5 1567.9 -2.2
Entry Signal

MarketClub’s Trade Triangles for MGC.M20

long term up The long term trend has been UP since Jan 2nd, 2020 at 1538.9

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1492.5

short term down The short term trend has been DOWN since Jan 23rd, 2020 at 1565.0

Smart Scan Analysis for MGC.M20

Based on a pre-defined weighted trend formula for chart analysis, MGC.M20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MGC.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1570.1 1575.0 1564.5 1567.9 -2.2
Prev. Close Volume Bid Ask Time
1560.6 120 2020-01-23 09:11:35
First Delivery2020-06-30Expiration2020-06-26
Open Time18:00Close Time17:00
Get a free daily report for E-MICRO GOLD Jun 2020 (MGC.M20) - Free Trend Analysis Report.