Future Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
COPPER May 2021 (NYMEX:HG.K21)
Weak Downtrend (-65) - HG.K21 is showing signs of a strengthening downtrend. Monitor HG.K21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HG.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.K21
The long-term trend has been UP since Jun 5th, 2020 at 2.5615
The intermediate-term trend has been DOWN since Sep 23rd, 2020 at 2.9795
The short-term trend has been DOWN since Sep 23rd, 2020 at 3.0400
Smart Scan Analysis for HG.K21
Based on our trend formula, HG.K21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).