Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
COPPER Dec 2021 (NYMEX:HG.Z21)
Long-Term Uptrend (+90) - HG.Z21 is in a strong uptrend that is likely to continue. While HG.Z21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HG.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Z21
The long-term trend has been UP since Oct 14th, 2021 at 4.5860
The intermediate-term trend has been UP since Oct 11th, 2021 at 4.3175
The short-term trend has been UP since Oct 3rd, 2021 at 4.2100
Smart Scan Analysis for HG.Z21
Based on our trend formula, HG.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).