Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
COPPER Aug 2021 (NYMEX:HG.Q21)
Weak Downtrend (-65) - HG.Q21 is showing signs of a strengthening downtrend. Monitor HG.Q21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HG.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Q21
The long-term trend has been UP since Apr 15th, 2020 at 2.090
The intermediate-term trend has been DOWN since May 23rd, 2021 at 4.475
The short-term trend has been DOWN since Jun 11th, 2021 at 4.489
Smart Scan Analysis for HG.Q21
Based on our trend formula, HG.Q21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).