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Future Trend Analysis Report

Prepared for you on Tuesday, October 27, 2020.

COPPER Nov 2020 (NYMEX:HG.X20)

Countertrend Up (+85) - HG.X20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HG.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.X20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HG.X20
Open High Low HG.X20 Price Change
3.0750 3.0975 3.0750 3.0975 +0.0115
Entry Signal

MarketClub’s Trade Triangles for HG.X20

long term up The long-term trend has been UP since Jun 11th, 2020 at 2.613

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2020 at 3.088

short term down The short-term trend has been DOWN since Oct 25th, 2020 at 3.123

Smart Scan Analysis for HG.X20

Based on our trend formula, HG.X20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HG.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0750 3.0975 3.0750 3.0975 +0.0115
Prev. Close Volume Bid Ask Time
3.0610 151 2020-10-27 07:06:24
Expiration2020-11-25Open Time18:00
Close Time17:00
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