Future Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
COPPER (TAS) Mar 2020 (NYMEX:HGT.H20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 HGT.H20
The long term trend has been UP since Dec 27th, 2019 at 5
The intermediate term trend has been DOWN since Jan 8th, 2020 at -5
The short term trend has been DOWN since Dec 4th, 2019 at 5
Smart Scan Analysis for HGT.H20
Based on a pre-defined weighted trend formula for chart analysis, HGT.H20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).