Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
COPPER Mar 2020 (NYMEX:HG.H20)
Long-Term Downtrend (-90) - HG.H20 is in a strong downtrend that is likely to continue. While HG.H20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HG.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.H20
The long-term trend has been DOWN since Jan 29th, 2020 at 2.5390
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 2.7595
The short-term trend has been DOWN since Mar 6th, 2020 at 2.5770
Smart Scan Analysis for HG.H20
Based on our trend formula, HG.H20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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