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Future Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

COPPER May 2020 (NYMEX:HG.K20)

Long-Term Downtrend (-90) - HG.K20 is in a strong downtrend that is likely to continue. While HG.K20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HG.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K20.

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

NYMEX_HG.K20
Open High Low HG.K20 Price Change
2.1465 2.1750 2.1355 2.1620 -0.0100
Entry Signal

MarketClub’s Trade Triangles for HG.K20

long term down The long-term trend has been DOWN since Jan 29th, 2020 at 2.5445

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 2.7685

short term down The short-term trend has been DOWN since Mar 5th, 2020 at 2.5770

Smart Scan Analysis for HG.K20

Based on our trend formula, HG.K20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HG.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1465 2.1750 2.1355 2.1620 -0.0100
Prev. Close Volume Bid Ask Time
2.6060 24068 2020-03-30 06:27:32
First Delivery2020-05-29Expiration2020-05-27
Open Time18:00Close Time17:00
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