Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
COPPER Jan 2020 (NYMEX:HG.F20)
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.
MarketClub’s Trade Triangles for HG.F20
The long term trend has been DOWN since May 8th, 2019 at 2.7970
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 2.6305
The short term trend has been UP since Sep 12th, 2019 at 2.6260
Smart Scan Analysis for HG.F20
Based on a pre-defined weighted trend formula for chart analysis, HG.F20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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