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Future Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

COPPER Dec 2023 (NYMEX:HG.Z23)

Crossroads (+60) - HG.Z23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HG.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.Z23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low HG.Z23 Price Change
3.8060 3.8380 3.7925 3.8165 +0.0080
Entry Signal

MarketClub’s Trade Triangles for HG.Z23

long term down The long-term trend has been DOWN since May 5th, 2023 at 3.850

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2023 at 3.815

short term up The short-term trend has been UP since May 26th, 2023 at 3.681

Smart Scan Analysis for HG.Z23

Based on our trend formula, HG.Z23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for HG.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8060 3.8380 3.7925 3.8165 +0.0080
Prev. Close Volume Bid Ask Time
3.8085 456 2023-06-09 07:16:54
Expiration2023-12-27Open Time08:10
Close Time13:00
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