Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
COPPER Nov 2019 (NYMEX:HG.X19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.X19
The long term trend has been UP since Nov 5th, 2019 at 2.6975
The intermediate term trend has been DOWN since Nov 18th, 2019 at 2.6195
The short term trend has been UP since Nov 19th, 2019 at 2.6340
Smart Scan Analysis for HG.X19
Based on a pre-defined weighted trend formula for chart analysis, HG.X19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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