Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

COPPER Dec 2019 (NYMEX:HG.Z19)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low HG.Z19 Price Change
2.6320 2.6370 2.6300 2.6365 +0.0040
Entry Signal

MarketClub’s Trade Triangles for HG.Z19

long term down The long term trend has been DOWN since May 5th, 2019 at 2.7750

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2019 at 2.5705

short term up The short term trend has been UP since Oct 10th, 2019 at 2.6000

Smart Scan Analysis for HG.Z19

Based on a pre-defined weighted trend formula for chart analysis, HG.Z19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HG.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6320 2.6370 2.6300 2.6365 +0.0040
Prev. Close Volume Bid Ask Time
2.5645 694 2019-10-14 19:13:18
First Delivery2019-12-31Expiration2019-12-27
Open Time08:10Close Time13:00
Want to analyze COPPER Dec 2019 HG.Z19 or another symbol? Try our Free Future Trend Analysis Report.