Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

COPPER Feb 2020 (NYMEX:HG.G20)

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.

NYMEX_HG.G20
Open High Low HG.G20 Price Change
2.6295 2.6300 2.6295 2.6300 +0.0245
Entry Signal

MarketClub’s Trade Triangles for HG.G20

long term down The long term trend has been DOWN since Jan 30th, 2020 at 2.5530

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2020 at 2.7615

short term up The short term trend has been UP since Feb 12th, 2020 at 2.5875

Smart Scan Analysis for HG.G20

Based on a pre-defined weighted trend formula for chart analysis, HG.G20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for HG.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6295 2.6300 2.6295 2.6300 +0.0245
Prev. Close Volume Bid Ask Time
2.8570 21 2020-02-16 21:44:18
First Delivery2020-02-28Expiration2020-02-26
Open Time08:10Close Time13:00
Get a free daily report for COPPER Feb 2020 (HG.G20) - Free Trend Analysis Report.