Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
COPPER Aug 2022 (NYMEX:HG.Q22)
Strong Uptrend (+100) - HG.Q22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HG.Q22 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.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Q22
The long-term trend has been UP since Oct 22nd, 2021 at 4.4115
The intermediate-term trend has been UP since Dec 29th, 2021 at 4.3380
The short-term trend has been UP since Jan 20th, 2022 at 4.5250
Smart Scan Analysis for HG.Q22
Based on our trend formula, HG.Q22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).