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Future Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

COPPER Nov 2023 (NYMEX:HG.X23)

Bull Market Weakness (+75) - HG.X23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.X23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HG.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.X23.

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

Open High Low HG.X23 Price Change
3.7550 3.7995 3.7550 3.8010 +0.0445
Entry Signal

MarketClub’s Trade Triangles for HG.X23

long term down The long-term trend has been DOWN since Apr 26th, 2023 at 3.8800

intermediate term up The intermediate-term trend has been UP since Oct 30th, 2023 at 3.6675

short term up The short-term trend has been UP since Nov 28th, 2023 at 3.7800

Smart Scan Analysis for HG.X23

Based on our trend formula, HG.X23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for HG.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7550 3.7995 3.7550 3.8010 +0.0445
Prev. Close Volume Bid Ask Time
3.7995 437 2023-11-28 17:28:51
Expiration2023-11-28Open Time08:10
Close Time13:00
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