Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
COPPER Mar 2022 (NYMEX:HG.H22)
Weak Downtrend (-65) - HG.H22 is showing signs of a strengthening downtrend. Monitor HG.H22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HG.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.H22
The long-term trend has been UP since Oct 14th, 2021 at 4.5590
The intermediate-term trend has been DOWN since Nov 17th, 2021 at 4.2645
The short-term trend has been DOWN since Nov 26th, 2021 at 4.4020
Smart Scan Analysis for HG.H22
Based on our trend formula, HG.H22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).