Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

COPPER May 2021 (NYMEX:HG.K21)

Weak Downtrend (-65) - HG.K21 is showing signs of a strengthening downtrend. Monitor HG.K21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HG.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K21.

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

NYMEX_HG.K21
Open High Low HG.K21 Price Change
2.9820 2.9820 2.9585 2.9650 0.0000
Entry Signal

MarketClub’s Trade Triangles for HG.K21

long term up The long-term trend has been UP since Jun 5th, 2020 at 2.5615

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2020 at 2.9795

short term down The short-term trend has been DOWN since Sep 23rd, 2020 at 3.0400

Smart Scan Analysis for HG.K21

Based on our trend formula, HG.K21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HG.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9820 2.9820 2.9585 2.9650 0.0000
Prev. Close Volume Bid Ask Time
3.0840 963 2020-09-24 07:31:46
Expiration2021-05-26Open Time08:10
Close Time13:00
Get a free daily analysis and signals for COPPER May 2021 (HG.K21) - Request Your Free Report.