Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
COPPER (E-MINI) Jun 2020 (NYMEX:QC.M20)
Crossroads (-60) - QC.M20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QC.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.M20
The long-term trend has been DOWN since Feb 27th, 2020 at 2.604
The intermediate-term trend has been UP since May 4th, 2020 at 2.362
The short-term trend has been UP since May 4th, 2020 at 2.360
Smart Scan Analysis for QC.M20
Based on our trend formula, QC.M20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).