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Future Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

COPPER Jul 2021 (NYMEX:HG.N21)

Long-Term Uptrend (+90) - HG.N21 is in a strong uptrend that is likely to continue. While HG.N21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid HG.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.N21.

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

NYMEX_HG.N21
Open High Low HG.N21 Price Change
3.0775 3.1050 3.0710 3.0900 +0.0170
Entry Signal

MarketClub’s Trade Triangles for HG.N21

long term up The long-term trend has been UP since Jun 2nd, 2020 at 2.5045

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2020 at 3.0955

short term up The short-term trend has been UP since Oct 7th, 2020 at 3.0020

Smart Scan Analysis for HG.N21

Based on our trend formula, HG.N21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HG.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0775 3.1050 3.0710 3.0900 +0.0170
Prev. Close Volume Bid Ask Time
3.0830 720 2020-10-19 14:50:05
Expiration2021-07-28Open Time08:10
Close Time13:00
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