Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
COPPER Sep 2022 (NYMEX:HG.U22)
Bull Market Weakness (+75) - HG.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HG.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.U22
The long-term trend has been UP since Oct 14th, 2021 at 4.464
The intermediate-term trend has been UP since Oct 11th, 2021 at 4.252
The short-term trend has been DOWN since Oct 20th, 2021 at 4.575
Smart Scan Analysis for HG.U22
Based on our trend formula, HG.U22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).