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Future Trend Analysis Report

Prepared for you on Thursday, August 5, 2021.

COPPER Jan 2022 (NYMEX:HG.F22)

Sidelines Mode (+55) - HG.F22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HG.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.F22.

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

NYMEX_HG.F22
Open High Low HG.F22 Price Change
4.333 4.333 4.333 4.321 -0.042
Entry Signal

MarketClub’s Trade Triangles for HG.F22

long term up The long-term trend has been UP since Oct 30th, 2020 at 2.9930

intermediate term up The intermediate-term trend has been UP since Jul 23rd, 2021 at 4.3500

short term down The short-term trend has been DOWN since Aug 3rd, 2021 at 4.4335

Smart Scan Analysis for HG.F22

Based on our trend formula, HG.F22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HG.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.333 4.333 4.333 4.321 -0.042
Prev. Close Volume Bid Ask Time
4.333 5 2021-08-04 10:37:07
Expiration2022-01-27Open Time08:10
Close Time13:00
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