Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

COPPER May 2020 (NYMEX:HG.K20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

NYMEX_HG.K20
Open High Low HG.K20 Price Change
2.6345 2.6475 2.6110 2.6455 +0.0045
Entry Signal

MarketClub’s Trade Triangles for HG.K20

long term down The long term trend has been DOWN since May 9th, 2019 at 2.798

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2019 at 2.594

short term up The short term trend has been UP since Oct 7th, 2019 at 2.577

Smart Scan Analysis for HG.K20

Based on a pre-defined weighted trend formula for chart analysis, HG.K20 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for HG.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6345 2.6475 2.6110 2.6455 +0.0045
Prev. Close Volume Bid Ask Time
2.5760 1114 2019-10-14 16:29:17
First Delivery2020-05-29Expiration2020-05-27
Open Time08:10Close Time13:00
Want to analyze COPPER May 2020 HG.K20 or another symbol? Try our Free Future Trend Analysis Report.