Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
ALUMINUM MW US TRANSACTION PREM Aug 2022 (NYMEX:AUP.Q22)
Long-Term Downtrend (-90) - AUP.Q22 is in a strong downtrend that is likely to continue. While AUP.Q22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AUP.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUP.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUP.Q22
The long-term trend has been DOWN since May 13th, 2022 at 0.34
The intermediate-term trend has been DOWN since Mar 31st, 2022 at 0.38
The short-term trend has been DOWN since May 10th, 2022 at 0.35
Smart Scan Analysis for AUP.Q22
Based on our trend formula, AUP.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).