Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

Silver Spot (FOREX:XAGUSDO)

Bull Market Weakness (+75) - XAGUSDO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAGUSDO as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid XAGUSDO?

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

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

FOREX_XAGUSDO
Open High Low XAGUSDO Price Change
27.47635 27.73090 27.10030 27.18200 -0.29435
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long-term trend has been UP since Nov 28th, 2023 at 24.99200

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2024 at 23.30815

short term up The short-term trend has been UP since Apr 26th, 2024 at 27.55175

Smart Scan Analysis for XAGUSDO

Based on our trend formula, XAGUSDO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.47635 27.73090 27.10030 27.18200 -0.29435
Prev. Close Volume Bid Ask Time
27.18200 2024-04-26 19:59:22
Get a free daily analysis and signals for Silver Spot (XAGUSDO) - Request Your Free Report.