Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
COPPER Jun 2021 (NYMEX:HG.M21)
Strong Uptrend (+100) - HG.M21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.M21 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.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.M21
The long-term trend has been UP since Jun 3rd, 2020 at 2.5075
The intermediate-term trend has been UP since Apr 15th, 2021 at 4.1580
The short-term trend has been UP since Apr 14th, 2021 at 4.0620
Smart Scan Analysis for HG.M21
Based on our trend formula, HG.M21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).