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Future Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

E-MICRO GOLD Aug 2021 (NYMEX:MGC.Q21)

Weak Downtrend (-65) - MGC.Q21 is showing signs of a strengthening downtrend. Monitor MGC.Q21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MGC.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Q21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_MGC.Q21
Open High Low MGC.Q21 Price Change
1901.9 1906.2 1888.0 1891.0 -38.0
Entry Signal

MarketClub’s Trade Triangles for MGC.Q21

long term up The long-term trend has been UP since Jun 22nd, 2020 at 1784.2

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2020 at 1940.0

short term down The short-term trend has been DOWN since Sep 17th, 2020 at 1977.0

Smart Scan Analysis for MGC.Q21

Based on our trend formula, MGC.Q21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MGC.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1901.9 1906.2 1888.0 1891.0 -38.0
Prev. Close Volume Bid Ask Time
1984.9 20 2020-09-23 11:05:26
Expiration2021-08-27Open Time18:00
Close Time17:00
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