Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
E-MICRO GOLD Jun 2022 (NYMEX:MGC.M22)
Crossroads (+60) - MGC.M22 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.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGC.M22
The long-term trend has been DOWN since Aug 6th, 2021 at 1772.2
The intermediate-term trend has been UP since Oct 13th, 2021 at 1785.7
The short-term trend has been UP since Oct 13th, 2021 at 1785.7
Smart Scan Analysis for MGC.M22
Based on our trend formula, MGC.M22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).