Future Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
COPPER Jan 2022 (NYMEX:HG.F22)
Bull Market Weakness (+75) - HG.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.F22 as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HG.F22
The long-term trend has been UP since Oct 14th, 2021 at 4.5495
The intermediate-term trend has been UP since Dec 22nd, 2021 at 4.3810
The short-term trend has been UP since Jan 26th, 2022 at 4.4850
Smart Scan Analysis for HG.F22
Based on our trend formula, HG.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).