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Future Trend Analysis Report

Prepared for you on Saturday, May 27, 2023.

COPPER Jul 2023 (NYMEX:HG.N23)

Countertrend Down (-85) - HG.N23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid HG.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.N23.

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

Open High Low HG.N23 Price Change
3.5925 3.6845 3.5830 3.6820 +0.0820
Entry Signal

MarketClub’s Trade Triangles for HG.N23

long term down The long-term trend has been DOWN since May 5th, 2023 at 3.8255

intermediate term down The intermediate-term trend has been DOWN since Apr 24th, 2023 at 3.9665

short term up The short-term trend has been UP since May 26th, 2023 at 3.6475

Smart Scan Analysis for HG.N23

Based on our trend formula, HG.N23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for HG.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5925 3.6845 3.5830 3.6820 +0.0820
Prev. Close Volume Bid Ask Time
3.6715 68184 2023-05-26 16:58:07
Expiration2023-07-27Open Time18:00
Close Time17:00
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