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Future Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

COPPER Feb 2023 (NYMEX:HG.G23)

Bull Market Weakness (+75) - HG.G23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.G23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HG.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.G23.

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

Open High Low HG.G23 Price Change
3.6090 3.6090 3.6065 3.6070 +0.0325
Entry Signal

MarketClub’s Trade Triangles for HG.G23

long term down The long-term trend has been DOWN since May 3rd, 2022 at 4.433

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 3.530

short term up The short-term trend has been UP since Aug 5th, 2022 at 3.554

Smart Scan Analysis for HG.G23

Based on our trend formula, HG.G23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for HG.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6090 3.6090 3.6065 3.6070 +0.0325
Prev. Close Volume Bid Ask Time
3.6065 21 2022-08-08 17:28:41
Expiration2023-02-24Open Time18:00
Close Time17:00
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