Future Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
COPPER Jun 2023 (NYMEX:HG.M23)
Crossroads (+60) - HG.M23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HG.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.M23
The long-term trend has been UP since Nov 10th, 2022 at 3.7230
The intermediate-term trend has been DOWN since Feb 24th, 2023 at 4.0165
The short-term trend has been DOWN since Mar 30th, 2023 at 4.0670
Smart Scan Analysis for HG.M23
Based on our trend formula, HG.M23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).