Future Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
COPPER Mar 2021 (NYMEX:HG.H21)
Strong Uptrend (+100) - HG.H21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.H21 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.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.H21
The long-term trend has been UP since Jun 9th, 2020 at 2.6425
The intermediate-term trend has been UP since Feb 8th, 2021 at 3.6665
The short-term trend has been UP since Mar 7th, 2021 at 4.1520
Smart Scan Analysis for HG.H21
Based on our trend formula, HG.H21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).