Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
COPPER Feb 2022 (NYMEX:HG.G22)
Sidelines Mode (+55) - HG.G22 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.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.G22
The long-term trend has been UP since Oct 14th, 2021 at 4.5415
The intermediate-term trend has been DOWN since Dec 1st, 2021 at 4.2710
The short-term trend has been UP since Dec 3rd, 2021 at 4.3155
Smart Scan Analysis for HG.G22
Based on our trend formula, HG.G22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).