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Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

COPPER Aug 2022 (NYMEX:HG.Q22)

Strong Downtrend (-100) - HG.Q22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HG.Q22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HG.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Q22.

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

NYMEX_HG.Q22
Open High Low HG.Q22 Price Change
3.7570 3.7700 3.7155 3.7305 -0.0300
Entry Signal

MarketClub’s Trade Triangles for HG.Q22

long term down The long-term trend has been DOWN since May 1st, 2022 at 4.381

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 4.217

short term down The short-term trend has been DOWN since Jun 6th, 2022 at 4.411

Smart Scan Analysis for HG.Q22

Based on our trend formula, HG.Q22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HG.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7570 3.7700 3.7155 3.7305 -0.0300
Prev. Close Volume Bid Ask Time
3.7605 40 2022-06-29 02:50:58
Expiration2022-08-29Open Time08:10
Close Time13:00
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