Future Trend Analysis Report
Prepared for you on Friday, September 25, 2020.
COPPER Sep 2020 (NYMEX:HG.U20)
Crossroads (-60) - HG.U20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HG.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.U20
The long-term trend has been UP since Jun 9th, 2020 at 2.6220
The intermediate-term trend has been DOWN since Sep 24th, 2020 at 2.9470
The short-term trend has been DOWN since Sep 21st, 2020 at 3.0595
Smart Scan Analysis for HG.U20
Based on our trend formula, HG.U20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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