Future Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
COPPER Sep 2020 (NYMEX:HG.U20)
Bear Market Rally (-75) - HG.U20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HG.U20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HG.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.U20
The long-term trend has been DOWN since Jan 29th, 2020 at 2.5620
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 2.7805
The short-term trend has been DOWN since Feb 19th, 2020 at 2.6170
Smart Scan Analysis for HG.U20
Based on our trend formula, HG.U20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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