Free Daily Analysis

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.

NYMEX_HG.Q20
Open High Low HG.Q20 Price Change
2.8950 2.9050 2.8925 2.9050 -0.0055
Entry Signal

MarketClub’s Trade Triangles for HG.Q20

long term up The long-term trend has been UP since Jun 9th, 2020 at 2.6000

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2020 at 2.3145

short term up 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).

+100
Smart Scan Analysis for HG.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8950 2.9050 2.8925 2.9050 -0.0055
Prev. Close Volume Bid Ask Time
2.6260 144 2020-08-06 13:40:35
Expiration2020-08-27Open Time08:10
Close Time13:00
Get a free daily analysis and signals for COPPER Aug 2020 (HG.Q20) - Request Your Free Report.