Future Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
COPPER Mar 2019 (NYMEX:HG.H19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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.H19
The long term trend has been UP since Feb 19th, 2019 at 2.8580
The intermediate term trend has been UP since Jan 18th, 2019 at 2.7255
The short term trend has been DOWN since Mar 14th, 2019 at 2.9110
Smart Scan Analysis for HG.H19
Based on a pre-defined weighted trend formula for chart analysis, HG.H19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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