Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
COPPER Jul 2022 (NYMEX:HG.N22)
Sidelines Mode (-55) - HG.N22 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.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.N22
The long-term trend has been UP since Oct 14th, 2021 at 4.5060
The intermediate-term trend has been DOWN since Dec 1st, 2021 at 4.2270
The short-term trend has been UP since Dec 6th, 2021 at 4.3175
Smart Scan Analysis for HG.N22
Based on our trend formula, HG.N22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).