Future Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
COPPER Oct 2019 (NYMEX:HG.V19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HG.V19
The long term trend has been UP since Feb 6th, 2019 at 2.827
The intermediate term trend has been UP since Jan 13th, 2019 at 2.687
The short term trend has been DOWN since Mar 14th, 2019 at 2.910
Smart Scan Analysis for HG.V19
Based on a pre-defined weighted trend formula for chart analysis, HG.V19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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