Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
COPPER Mar 2023 (NYMEX:HG.H23)
Bull Market Weakness (+75) - HG.H23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.H23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HG.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.H23
The long-term trend has been UP since Nov 10th, 2022 at 3.7790
The intermediate-term trend has been DOWN since Feb 5th, 2023 at 4.0315
The short-term trend has been UP since Mar 20th, 2023 at 3.9590
Smart Scan Analysis for HG.H23
Based on our trend formula, HG.H23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).