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Future Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

DOMESTIC HOT-ROLLED COIL STEEL Mar 2020 (NYMEX:HRC.H20)

Crossroads (+60) - HRC.H20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HRC.H20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.H20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HRC.H20
Open High Low HRC.H20 Price Change
578 578 578 578 +6
Entry Signal

MarketClub’s Trade Triangles for HRC.H20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 548

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2020 at 571

short term up The short-term trend has been UP since Feb 12th, 2020 at 553

Smart Scan Analysis for HRC.H20

Based on our trend formula, HRC.H20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HRC.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
578 578 578 578 +6
Prev. Close Volume Bid Ask Time
587 26 2020-02-27 04:14:52
Expiration2020-03-24Open Time18:00
Close Time17:00
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