Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
COPPER (E-MINI) Dec 2020 (NYMEX:QC.Z20)
Countertrend Up (+85) - QC.Z20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QC.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.Z20
The long-term trend has been UP since Jul 8th, 2020 at 2.322
The intermediate-term trend has been UP since Oct 19th, 2020 at 3.096
The short-term trend has been DOWN since Oct 23rd, 2020 at 3.146
Smart Scan Analysis for QC.Z20
Based on our trend formula, QC.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).