Future Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
COPPER Jun 2020 (NYMEX:HG.M20)
Strong Uptrend (+100) - HG.M20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.M20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HG.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.M20
The long-term trend has been UP since Jun 10th, 2020 at 2.615
The intermediate-term trend has been UP since Apr 12th, 2020 at 2.288
The short-term trend has been UP since Jun 18th, 2020 at 2.589
Smart Scan Analysis for HG.M20
Based on our trend formula, HG.M20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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