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Future Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

DOMESTIC HOT-ROLLED COIL STEEL Aug 2020 (NYMEX:HRC.Q20)

Strong Downtrend (-100) - HRC.Q20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HRC.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.Q20.

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

NYMEX_HRC.Q20
Open High Low HRC.Q20 Price Change
470 495 468 485 +17
Entry Signal

MarketClub’s Trade Triangles for HRC.Q20

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 550

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2020 at 552

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 491

Smart Scan Analysis for HRC.Q20

Based on our trend formula, HRC.Q20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HRC.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
470 495 468 485 +17
Prev. Close Volume Bid Ask Time
491 102 2020-04-03 16:27:58
Expiration2020-08-25Open Time18:00
Close Time17:00
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