Future Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
COPPER Dec 2020 (NYMEX:HG.Z20)
Long-Term Uptrend (+90) - HG.Z20 is in a strong uptrend that is likely to continue. While HG.Z20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HG.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Z20
The long-term trend has been UP since Jun 9th, 2020 at 2.6245
The intermediate-term trend has been UP since Apr 12th, 2020 at 2.3130
The short-term trend has been UP since Jul 6th, 2020 at 2.7640
Smart Scan Analysis for HG.Z20
Based on our trend formula, HG.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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