Future Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
COPPER Jul 2019 (NYMEX:HG.N19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for HG.N19
The long term trend has been DOWN since May 5th, 2019 at 2.7675
The intermediate term trend has been DOWN since Jul 9th, 2019 at 2.6300
The short term trend has been UP since Jul 10th, 2019 at 2.6815
Smart Scan Analysis for HG.N19
Based on a pre-defined weighted trend formula for chart analysis, HG.N19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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