Future Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
COPPER Jul 2020 (NYMEX:HG.N20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HG.N20
The long term trend has been UP since Nov 5th, 2019 at 2.7245
The intermediate term trend has been UP since Dec 6th, 2019 at 2.7240
The short term trend has been DOWN since Jan 16th, 2020 at 2.8665
Smart Scan Analysis for HG.N20
Based on a pre-defined weighted trend formula for chart analysis, HG.N20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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