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Future Trend Analysis Report

Prepared for you on Friday, December 2, 2022.

COPPER May 2023 (NYMEX:HG.K23)

Bull Market Weakness (+75) - HG.K23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.K23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HG.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K23.

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

NYMEX_HG.K23
Open High Low HG.K23 Price Change
3.7965 3.8490 3.7445 3.8470 +0.0500
Entry Signal

MarketClub’s Trade Triangles for HG.K23

long term up The long-term trend has been UP since Nov 10th, 2022 at 3.7730

intermediate term down The intermediate-term trend has been DOWN since Nov 27th, 2022 at 3.5715

short term up The short-term trend has been UP since Nov 30th, 2022 at 3.6580

Smart Scan Analysis for HG.K23

Based on our trend formula, HG.K23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HG.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7965 3.8490 3.7445 3.8470 +0.0500
Prev. Close Volume Bid Ask Time
3.7970 3721 2022-12-02 12:07:48
Expiration2023-05-26Open Time18:00
Close Time17:00
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