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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.

NYMEX_HG.U20
Open High Low HG.U20 Price Change
2.6115 2.6340 2.5860 2.6195 +0.0080
Entry Signal

MarketClub’s Trade Triangles for HG.U20

long term down The long-term trend has been DOWN since Jan 29th, 2020 at 2.5620

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 2.7805

short term down 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).

-80
Smart Scan Analysis for HG.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6115 2.6340 2.5860 2.6195 +0.0080
Prev. Close Volume Bid Ask Time
2.8760 3938 2020-02-21 16:50:08
First Delivery2020-09-30Expiration2020-09-28
Open Time08:10Close Time13:00
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