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Future Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

COPPER Oct 2023 (NYMEX:HG.V23)

Weak Downtrend (-65) - HG.V23 is showing signs of a strengthening downtrend. Monitor HG.V23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HG.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.V23.

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

NYMEX_HG.V23
Open High Low HG.V23 Price Change
3.7380 3.7665 3.7220 3.7240 +0.0265
Entry Signal

MarketClub’s Trade Triangles for HG.V23

long term down The long-term trend has been DOWN since Apr 25th, 2023 at 3.8895

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 3.6895

short term up The short-term trend has been UP since Sep 28th, 2023 at 3.6500

Smart Scan Analysis for HG.V23

Based on our trend formula, HG.V23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for HG.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7380 3.7665 3.7220 3.7240 +0.0265
Prev. Close Volume Bid Ask Time
3.6975 251 2023-09-29 12:30:00
Expiration2023-10-27Open Time08:10
Close Time13:00
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