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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

COPPER Dec 2023 (NYMEX:HG.Z23)

Weak Downtrend (-65) - HG.Z23 is showing signs of a strengthening downtrend. Monitor HG.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HG.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Z23.

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

NYMEX_HG.Z23
Open High Low HG.Z23 Price Change
4.1800 4.1800 4.1800 4.1975 -0.0815
Entry Signal

MarketClub’s Trade Triangles for HG.Z23

long term up The long-term trend has been UP since Oct 20th, 2021 at 4.325

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2021 at 4.225

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 4.283

Smart Scan Analysis for HG.Z23

Based on our trend formula, HG.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HG.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1800 4.1800 4.1800 4.1975 -0.0815
Prev. Close Volume Bid Ask Time
4.1800 52 2021-11-30 12:46:48
Expiration2023-12-27Open Time18:00
Close Time17:00
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