Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
COPPER Dec 2020 (NYMEX:HG.Z20)
Strong Uptrend (+100) - HG.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HG.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Z20
The long-term trend has been UP since Jun 9th, 2020 at 2.6245
The intermediate-term trend has been UP since Nov 15th, 2020 at 3.1890
The short-term trend has been UP since Nov 13th, 2020 at 3.1660
Smart Scan Analysis for HG.Z20
Based on our trend formula, HG.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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