Spread Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
COPPER Feb 2023/Mar 2023 Spread (NYMEX:HG.G23_H23)
Long-Term Downtrend (-90) - HG.G23_H23 is in a strong downtrend that is likely to continue. While HG.G23_H23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HG.G23_H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.G23_H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.G23_H23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for HG.G23_H23
Based on our trend formula, HG.G23_H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||18:00||Close Time||17:00|