Future Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
COPPER May 2021 (NYMEX:HG.K21)
Countertrend Up (+85) - HG.K21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid HG.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.K21
The long-term trend has been UP since Jun 5th, 2020 at 2.5615
The intermediate-term trend has been UP since Feb 8th, 2021 at 3.6700
The short-term trend has been DOWN since Feb 26th, 2021 at 4.1820
Smart Scan Analysis for HG.K21
Based on our trend formula, HG.K21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).