Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
COPPER Aug 2021 (NYMEX:HG.Q21)
Countertrend Up (+85) - HG.Q21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid HG.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Q21
The long-term trend has been UP since Apr 15th, 2020 at 2.0900
The intermediate-term trend has been UP since Feb 10th, 2021 at 3.6535
The short-term trend has been DOWN since Mar 1st, 2021 at 4.1730
Smart Scan Analysis for HG.Q21
Based on our trend formula, HG.Q21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).