Future Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
COPPER Feb 2022 (NYMEX:HG.G22)
Long-Term Uptrend (+90) - HG.G22 is in a strong uptrend that is likely to continue. While HG.G22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HG.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.G22
The long-term trend has been UP since Oct 14th, 2021 at 4.5415
The intermediate-term trend has been UP since Dec 22nd, 2021 at 4.3830
The short-term trend has been UP since Jan 19th, 2022 at 4.4385
Smart Scan Analysis for HG.G22
Based on our trend formula, HG.G22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).