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Future Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

COPPER Jul 2020 (NYMEX:HG.N20)

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.

NYMEX_HG.N20
Open High Low HG.N20 Price Change
2.6230 2.6340 2.6205 2.6340 +0.0205
Entry Signal

MarketClub’s Trade Triangles for HG.N20

long term down The long term trend has been DOWN since Jan 29th, 2020 at 2.556

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2020 at 2.775

short term up The short term trend has been UP since Feb 12th, 2020 at 2.613

Smart Scan Analysis for HG.N20

Based on a pre-defined weighted trend formula for chart analysis, HG.N20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for HG.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6230 2.6340 2.6205 2.6340 +0.0205
Prev. Close Volume Bid Ask Time
2.8695 129 2020-02-16 21:37:58
First Delivery2020-07-31Expiration2020-07-29
Open Time08:10Close Time13:00
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