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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.

NYMEX_HG.G20
Open High Low HG.G20 Price Change
2.6050 2.6050 2.5835 2.5900 -0.0280
Entry Signal

MarketClub’s Trade Triangles for HG.G20

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 2.5530

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 2.7615

short term down 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).

-80
Smart Scan Analysis for HG.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6050 2.6050 2.5835 2.5900 -0.0280
Prev. Close Volume Bid Ask Time
2.8570 176 2020-02-24 17:28:26
First Delivery2020-02-28Expiration2020-02-26
Open Time18:00Close Time17:00
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