Future Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
COPPER Feb 2020 (NYMEX:HG.G20)
Bear Market Rally (-75) - HG.G20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HG.G20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HG.G20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.G20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.G20
The long-term trend has been DOWN since Jan 30th, 2020 at 2.5530
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 2.7615
The short-term trend has been DOWN since Feb 19th, 2020 at 2.6075
Smart Scan Analysis for HG.G20
Based on our trend formula, HG.G20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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