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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.

NYMEX_HG.M20
Open High Low HG.M20 Price Change
2.2270 2.2715 2.2270 2.2700 +0.0420
Entry Signal

MarketClub’s Trade Triangles for HG.M20

long term down The long-term trend has been DOWN since Jan 29th, 2020 at 2.5785

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 2.7880

short term up 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).

-55
Smart Scan Analysis for HG.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2270 2.2715 2.2270 2.2700 +0.0420
Prev. Close Volume Bid Ask Time
2.2275 19 2020-04-06 22:52:13
First Delivery2020-06-30Expiration2020-06-26
Open Time08:10Close Time13:00
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