Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
COPPER (TAS) May 2021 (NYMEX:HGT.K21)
Sidelines Mode (+55) - HGT.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HGT.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HGT.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HGT.K21
The long-term trend has been UP since Apr 22nd, 2021 at 15
The intermediate-term trend has been UP since Apr 21st, 2021 at 5
The short-term trend has been DOWN since Apr 27th, 2021 at 5
Smart Scan Analysis for HGT.K21
Based on our trend formula, HGT.K21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).