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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.

NYMEX_HG.Z20
Open High Low HG.Z20 Price Change
2.8410 2.8745 2.8365 2.8590 +0.0215
Entry Signal

MarketClub’s Trade Triangles for HG.Z20

long term up The long-term trend has been UP since Jun 9th, 2020 at 2.6245

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2020 at 2.3130

short term up 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).

+90
Smart Scan Analysis for HG.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8410 2.8745 2.8365 2.8590 +0.0215
Prev. Close Volume Bid Ask Time
2.6505 1406 2020-07-09 03:35:19
First Delivery2020-12-31Expiration2020-12-29
Open Time08:10Close Time13:00
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