Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
COPPER Jul 2021 (NYMEX:HG.N21)
Strong Uptrend (+100) - HG.N21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.N21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HG.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.N21
The long-term trend has been UP since Jun 2nd, 2020 at 2.5045
The intermediate-term trend has been UP since Apr 15th, 2021 at 4.1660
The short-term trend has been UP since Apr 14th, 2021 at 4.0645
Smart Scan Analysis for HG.N21
Based on our trend formula, HG.N21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).