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Spread Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

COPPER May 2023/Jul 2023 Spread (NYMEX:HG.K23_N23)

Weak Downtrend (-65) - HG.K23_N23 is showing signs of a strengthening downtrend. Monitor HG.K23_N23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HG.K23_N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K23_N23.

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

NYMEX_HG.K23_N23
Open High Low HG.K23_N23 Price Change
0.0005 0.0015 -0.0015 0.0005 0.0000
Entry Signal

MarketClub’s Trade Triangles for HG.K23_N23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for HG.K23_N23

Based on our trend formula, HG.K23_N23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HG.K23_N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0005 0.0015 -0.0015 0.0005 0.0000
Prev. Close Volume Bid Ask Time
0.0005 164 2022-08-12 16:59:59
Open Time18:00Close Time17:00
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