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Future Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

COPPER May 2020 (NYMEX:HG.K20)

Sidelines Mode (-55) - HG.K20 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.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K20.

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

NYMEX_HG.K20
Open High Low HG.K20 Price Change
2.4205 2.4205 2.3870 2.3925 -0.0355
Entry Signal

MarketClub’s Trade Triangles for HG.K20

long term down The long-term trend has been DOWN since Jan 29th, 2020 at 2.5445

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2020 at 2.2885

short term down The short-term trend has been DOWN since May 22nd, 2020 at 2.4100

Smart Scan Analysis for HG.K20

Based on our trend formula, HG.K20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HG.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4205 2.4205 2.3870 2.3925 -0.0355
Prev. Close Volume Bid Ask Time
2.2160 26 2020-05-27 09:31:55
First Delivery2020-05-29Expiration2020-05-27
Open Time08:10Close Time13:00
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