Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
COPPER Mar 2022 (NYMEX:HG.H22)
Weak Downtrend (-65) - HG.H22 is showing signs of a strengthening downtrend. Monitor HG.H22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HG.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.H22
The long-term trend has been UP since Nov 9th, 2020 at 3.0715
The intermediate-term trend has been DOWN since Mar 30th, 2021 at 3.9630
The short-term trend has been DOWN since Apr 11th, 2021 at 4.0365
Smart Scan Analysis for HG.H22
Based on our trend formula, HG.H22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).