Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
COPPER Nov 2021 (NYMEX:HG.X21)
Weak Downtrend (-65) - HG.X21 is showing signs of a strengthening downtrend. Monitor HG.X21 as it may be building momentum to the downside.
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 Apr 30th, 2020 at 2.1000
The intermediate-term trend has been DOWN since Mar 30th, 2021 at 3.9835
The short-term trend has been DOWN since Mar 25th, 2021 at 4.0840
Smart Scan Analysis for HG.X21
Based on our trend formula, HG.X21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).