Future Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
COPPER Oct 2020 (NYMEX:HG.V20)
Strong Uptrend (+100) - HG.V20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.V20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HG.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.V20
The long-term trend has been UP since Jun 9th, 2020 at 2.595
The intermediate-term trend has been UP since Oct 19th, 2020 at 3.092
The short-term trend has been UP since Oct 15th, 2020 at 3.070
Smart Scan Analysis for HG.V20
Based on our trend formula, HG.V20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).