Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
COPPER Dec 2021 (NYMEX:HG.Z21)
Weak Downtrend (-65) - HG.Z21 is showing signs of a strengthening downtrend. Monitor HG.Z21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HG.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HG.Z21
The long-term trend has been UP since Jun 11th, 2020 at 2.512
The intermediate-term trend has been DOWN since Mar 30th, 2021 at 3.974
The short-term trend has been DOWN since Apr 9th, 2021 at 4.051
Smart Scan Analysis for HG.Z21
Based on our trend formula, HG.Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).