Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
COPPER Oct 2022 (NYMEX:HG.V22)
Weak Downtrend (-65) - HG.V22 is showing signs of a strengthening downtrend. Monitor HG.V22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HG.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.V22
The long-term trend has been UP since Oct 13th, 2021 at 4.3205
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 4.3565
The short-term trend has been DOWN since Nov 29th, 2021 at 4.3565
Smart Scan Analysis for HG.V22
Based on our trend formula, HG.V22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).