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.
MarketClub’s Trade Triangles for MGC.Z22
The long-term trend has been UP since May 20th, 2021 at 1883
The intermediate-term trend has been DOWN since Jun 13th, 2021 at 1885
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).