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Spread Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

COPPER Dec 2022/Dec 2023 Spread (NYMEX:HG.Z22_Z23)

Long-Term Downtrend (-90) - HG.Z22_Z23 is in a strong downtrend that is likely to continue. While HG.Z22_Z23 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.Z22_Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Z22_Z23.

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

NYMEX_HG.Z22_Z23
Open High Low HG.Z22_Z23 Price Change
0.0545 0.0650 0.0545 0.0650 +0.0165
Entry Signal

MarketClub’s Trade Triangles for HG.Z22_Z23

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.Z22_Z23

Based on our trend formula, HG.Z22_Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HG.Z22_Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0545 0.0650 0.0545 0.0650 +0.0165
Prev. Close Volume Bid Ask Time
0.0650 48 2021-11-30 12:46:48
Open Time08:10Close Time13:00
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