Future Trend Analysis Report
Prepared for you on Tuesday, August 3, 2021.
COPPER Oct 2021 (NYMEX:HG.V21)
Bull Market Weakness (+75) - HG.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HG.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.V21
The long-term trend has been UP since Apr 30th, 2020 at 2.1000
The intermediate-term trend has been UP since Jul 23rd, 2021 at 4.3985
The short-term trend has been DOWN since Jul 28th, 2021 at 4.4335
Smart Scan Analysis for HG.V21
Based on our trend formula, HG.V21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).