Future Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
COPPER May 2019 (NYMEX:HG.K19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.K19
The long term trend has been UP since Feb 19th, 2019 at 2.8610
The intermediate term trend has been DOWN since Mar 22nd, 2019 at 2.8745
The short term trend has been DOWN since Mar 21st, 2019 at 2.9080
Smart Scan Analysis for HG.K19
Based on a pre-defined weighted trend formula for chart analysis, HG.K19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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