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Future Trend Analysis Report
Prepared for you on Friday, January 27, 2023.
COPPER Jul 2023 (NYMEX:HG.N23)
Long-Term Uptrend (+90) - HG.N23 is in a strong uptrend that is likely to continue. While HG.N23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HG.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HG.N23
The long-term trend has been UP since Nov 10th, 2022 at 3.7245
The intermediate-term trend has been UP since Jan 6th, 2023 at 3.9270
The short-term trend has been UP since Jan 23rd, 2023 at 4.2870
Smart Scan Analysis for HG.N23
Based on our trend formula, HG.N23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2910 | 4.2910 | 4.2535 | 4.2590 | -0.0395 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2985 | 953 | 2023-01-27 09:07:53 |
| Expiration | 2023-07-27 | Open Time | 18:00 |
| Close Time | 17:00 |