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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

COPPER May 2022 (NYMEX:HG.K22)

Sidelines Mode (+55) - HG.K22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HG.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K22.

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

NYMEX_HG.K22
Open High Low HG.K22 Price Change
4.2845 4.3315 4.2650 4.2975 +0.0145
Entry Signal

MarketClub’s Trade Triangles for HG.K22

long term up The long-term trend has been UP since Oct 14th, 2021 at 4.5390

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2021 at 4.4695

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 4.4000

Smart Scan Analysis for HG.K22

Based on our trend formula, HG.K22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HG.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2845 4.3315 4.2650 4.2975 +0.0145
Prev. Close Volume Bid Ask Time
4.2830 248 2021-12-03 04:39:25
Expiration2022-05-26Open Time18:00
Close Time17:00
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