Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
COPPER Jun 2020 (NYMEX:HG.M20)
Sidelines Mode (-55) - HG.M20 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.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.M20
The long-term trend has been DOWN since Jan 29th, 2020 at 2.5785
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 2.7880
The short-term trend has been UP since Mar 31st, 2020 at 2.1965
Smart Scan Analysis for HG.M20
Based on our trend formula, HG.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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