Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
COPPER (E-MINI) May 2021 (NYMEX:QC.K21)
Weak Downtrend (-65) - QC.K21 is showing signs of a strengthening downtrend. Monitor QC.K21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QC.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.K21
The long-term trend has been UP since Dec 18th, 2020 at 3.558
The intermediate-term trend has been DOWN since Mar 30th, 2021 at 3.988
The short-term trend has been DOWN since Apr 9th, 2021 at 4.060
Smart Scan Analysis for QC.K21
Based on our trend formula, QC.K21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).