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Future Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

E-MICRO GOLD Dec 2022 (NYMEX:MGC.Z22)

Weak Downtrend (-65) - MGC.Z22 is showing signs of a strengthening downtrend. Monitor MGC.Z22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MGC.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Z22.

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

NYMEX_MGC.Z22
Open High Low MGC.Z22 Price Change
1799.5 1799.5 1799.5 1790.6 +16.8
Entry Signal

MarketClub’s Trade Triangles for MGC.Z22

long term up The long-term trend has been UP since May 20th, 2021 at 1883

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2021 at 1885

short term down The short-term trend has been DOWN since Jun 13th, 2021 at 1885

Smart Scan Analysis for MGC.Z22

Based on our trend formula, MGC.Z22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MGC.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1799.5 1799.5 1799.5 1790.6 +16.8
Prev. Close Volume Bid Ask Time
1791.8 1 2021-06-21 17:28:44
Expiration2022-12-28Open Time18:00
Close Time17:00
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