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Future Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

COPPER Jan 2021 (NYMEX:HG.F21)

Strong Uptrend (+100) - HG.F21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.F21 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.F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.F21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HG.F21
Open High Low HG.F21 Price Change
3.0640 3.0805 3.0640 3.0760 +0.0065
Entry Signal

MarketClub’s Trade Triangles for HG.F21

long term up The long-term trend has been UP since Jun 5th, 2020 at 2.5850

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2020 at 3.0810

short term up The short-term trend has been UP since Oct 15th, 2020 at 3.0655

Smart Scan Analysis for HG.F21

Based on our trend formula, HG.F21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HG.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0640 3.0805 3.0640 3.0760 +0.0065
Prev. Close Volume Bid Ask Time
3.0715 29 2020-10-19 05:05:32
Expiration2021-01-27Open Time08:10
Close Time13:00
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