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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

COPPER Apr 2020 (NYMEX:HG.J20)

Sidelines Mode (-55) - HG.J20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HG.J20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.J20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HG.J20
Open High Low HG.J20 Price Change
2.290 2.308 2.290 2.308 +0.069
Entry Signal

MarketClub’s Trade Triangles for HG.J20

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 2.5430

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 2.7855

short term up The short-term trend has been UP since Mar 31st, 2020 at 2.1950

Smart Scan Analysis for HG.J20

Based on our trend formula, HG.J20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HG.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.290 2.308 2.290 2.308 +0.069
Prev. Close Volume Bid Ask Time
2.250 19 2020-04-07 03:49:24
First Delivery2020-04-30Expiration2020-04-28
Open Time08:10Close Time13:00
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