Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
COPPER Aug 2020 (NYMEX:HG.Q20)
Bear Market Rally (-75) - HG.Q20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HG.Q20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HG.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Q20
The long-term trend has been DOWN since Jan 30th, 2020 at 2.5600
The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 2.8290
The short-term trend has been UP since Mar 31st, 2020 at 2.2035
Smart Scan Analysis for HG.Q20
Based on our trend formula, HG.Q20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).