Future Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
COPPER Jul 2020 (NYMEX:HG.N20)
Bull Market Weakness (+75) - HG.N20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.N20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HG.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.N20
The long-term trend has been UP since Jun 10th, 2020 at 2.6250
The intermediate-term trend has been UP since Apr 12th, 2020 at 2.2990
The short-term trend has been DOWN since Jul 24th, 2020 at 2.8815
Smart Scan Analysis for HG.N20
Based on our trend formula, HG.N20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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