Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
COPPER Sep 2021 (NYMEX:HG.U21)
Bull Market Weakness (+75) - HG.U21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.U21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HG.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.U21
The long-term trend has been UP since Apr 15th, 2020 at 2.1500
The intermediate-term trend has been UP since Jul 23rd, 2021 at 4.3735
The short-term trend has been DOWN since Jul 30th, 2021 at 4.4595
Smart Scan Analysis for HG.U21
Based on our trend formula, HG.U21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).