Future Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
E-MICRO GOLD Dec 2021 (NYMEX:MGC.Z21)
Sidelines Mode (-55) - MGC.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MGC.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGC.Z21
The long-term trend has been UP since Nov 10th, 2021 at 1836.8
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 1778.8
The short-term trend has been UP since Nov 26th, 2021 at 1800.0
Smart Scan Analysis for MGC.Z21
Based on our trend formula, MGC.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).