Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
COPPER Aug 2020 (NYMEX:HG.Q20)
Strong Uptrend (+100) - HG.Q20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.Q20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HG.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Q20
The long-term trend has been UP since Jun 9th, 2020 at 2.6000
The intermediate-term trend has been UP since Apr 12th, 2020 at 2.3145
The short-term trend has been UP since Aug 5th, 2020 at 2.9150
Smart Scan Analysis for HG.Q20
Based on our trend formula, HG.Q20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).