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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

COPPER May 2020 (NYMEX:HG.K20)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.K20
Open High Low HG.K20 Price Change
2.6775 2.7625 2.6755 2.7560 +0.0815
Entry Signal

MarketClub’s Trade Triangles for HG.K20

long term up The long term trend has been UP since Nov 7th, 2019 at 2.7195

intermediate term up The intermediate term trend has been UP since Dec 6th, 2019 at 2.7185

short term up The short term trend has been UP since Dec 5th, 2019 at 2.6740

Smart Scan Analysis for HG.K20

Based on a pre-defined weighted trend formula for chart analysis, HG.K20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for HG.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6775 2.7625 2.6755 2.7560 +0.0815
Prev. Close Volume Bid Ask Time
2.7560 7926 2019-12-06 16:50:32
First Delivery2020-05-29Expiration2020-05-27
Open Time18:00Close Time17:00
Want to analyze COPPER May 2020 HG.K20 or another symbol? Try our Free Future Trend Analysis Report.