Future Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
COPPER Oct 2021 (NYMEX:HG.V21)
Bull Market Weakness (+75) - HG.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HG.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.V21
The long-term trend has been UP since Oct 14th, 2021 at 4.561
The intermediate-term trend has been UP since Oct 11th, 2021 at 4.314
The short-term trend has been DOWN since Oct 22nd, 2021 at 4.650
Smart Scan Analysis for HG.V21
Based on our trend formula, HG.V21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).