Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
COPPER (E-MINI) Aug 2020 (NYMEX:QC.Q20)
Weak Uptrend (+65) - QC.Q20 is showing signs of weakening momentum to the upside. Monitor QC.Q20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QC.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.Q20
The long-term trend has been UP since Sep 21st, 2018 at 2.820
The intermediate-term trend has been UP since Jun 22nd, 2020 at 2.638
The short-term trend has been DOWN since Jul 15th, 2020 at 2.924
Smart Scan Analysis for QC.Q20
Based on our trend formula, QC.Q20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).