Future Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
COPPER Feb 2021 (NYMEX:HG.G21)
Strong Uptrend (+100) - HG.G21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.G21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HG.G21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.G21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.G21
The long-term trend has been UP since Jun 3rd, 2020 at 2.4950
The intermediate-term trend has been UP since Oct 19th, 2020 at 3.0755
The short-term trend has been UP since Feb 5th, 2021 at 3.5935
Smart Scan Analysis for HG.G21
Based on our trend formula, HG.G21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).