Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
COPPER Nov 2021 (NYMEX:HG.X21)
Countertrend Up (+85) - HG.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.X21
The long-term trend has been UP since Oct 14th, 2021 at 4.5665
The intermediate-term trend has been UP since Oct 11th, 2021 at 4.3020
The short-term trend has been DOWN since Oct 21st, 2021 at 4.6320
Smart Scan Analysis for HG.X21
Based on our trend formula, HG.X21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).