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Spread Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

COPPER Jul 2022/Sep 2022 Spread (NYMEX:HG.N22_U22)

Strong Downtrend (-100) - HG.N22_U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HG.N22_U22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HG.N22_U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.N22_U22.

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

NYMEX_HG.N22_U22
Open High Low HG.N22_U22 Price Change
0.0035 0.0075 -0.0015 -0.0020 -0.0060
Entry Signal

MarketClub’s Trade Triangles for HG.N22_U22

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.N22_U22

Based on our trend formula, HG.N22_U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HG.N22_U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0035 0.0075 -0.0015 -0.0020 -0.0060
Prev. Close Volume Bid Ask Time
0.0005 85 2022-07-27 17:28:55
Open Time08:10Close Time13:00
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