Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

COPPER Sep 2019 (NYMEX:HG.U19)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NYMEX_HG.U19
Open High Low HG.U19 Price Change
2.5585 2.5755 2.5235 2.5260 -0.0315
Entry Signal

MarketClub’s Trade Triangles for HG.U19

long term down The long term trend has been DOWN since May 5th, 2019 at 2.7730

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2019 at 2.6250

short term down The short term trend has been DOWN since Aug 16th, 2019 at 2.5895

Smart Scan Analysis for HG.U19

Based on a pre-defined weighted trend formula for chart analysis, HG.U19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for HG.U19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5585 2.5755 2.5235 2.5260 -0.0315
Prev. Close Volume Bid Ask Time
2.6990 82170 2019-08-23 16:59:14
First Delivery2019-09-30Expiration2019-09-26
Open Time08:10Close Time13:00
Want to analyze COPPER Sep 2019 HG.U19 or another symbol? Try our Free Future Trend Analysis Report.