Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
COPPER Jun 2022 (NYMEX:HG.M22)
Weak Uptrend (+65) - HG.M22 is showing signs of weakening momentum to the upside. Monitor HG.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HG.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.M22
The long-term trend has been UP since Oct 14th, 2021 at 4.5200
The intermediate-term trend has been UP since Nov 24th, 2021 at 4.4250
The short-term trend has been DOWN since Dec 1st, 2021 at 4.3545
Smart Scan Analysis for HG.M22
Based on our trend formula, HG.M22 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).