Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
COPPER Mar 2019 (NYMEX:HG.H19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HG.H19
The long term trend has been DOWN since Jun 28th, 2018 at 3.0210
The intermediate term trend has been UP since Jan 18th, 2019 at 2.7255
The short term trend has been UP since Jan 16th, 2019 at 2.6610
Smart Scan Analysis for HG.H19
Based on a pre-defined weighted trend formula for chart analysis, HG.H19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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