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Future Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

COPPER Jul 2022 (NYMEX:HG.N22)

Long-Term Downtrend (-90) - HG.N22 is in a strong downtrend that is likely to continue. While HG.N22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HG.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.N22.

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

NYMEX_HG.N22
Open High Low HG.N22 Price Change
4.1795 4.2060 4.1335 4.1850 +0.0100
Entry Signal

MarketClub’s Trade Triangles for HG.N22

long term down The long-term trend has been DOWN since May 1st, 2022 at 4.3715

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 4.6415

short term down The short-term trend has been DOWN since May 5th, 2022 at 4.2830

Smart Scan Analysis for HG.N22

Based on our trend formula, HG.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HG.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1795 4.2060 4.1335 4.1850 +0.0100
Prev. Close Volume Bid Ask Time
4.1645 21624 2022-05-16 09:02:22
Expiration2022-07-27Open Time08:10
Close Time13:00
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