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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Silver Spot (FOREX:XAGUSDO)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_XAGUSDO
Open High Low XAGUSDO Price Change
16.586 16.618 16.485 16.586 0.000
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long term trend has been UP since Jan 24th, 2018 at 17.4590

intermediate term up The intermediate term trend has been UP since Apr 11th, 2018 at 16.7930

short term down The short term trend has been DOWN since Apr 23rd, 2018 at 17.0465

Smart Scan Analysis for XAGUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAGUSDO scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.586 16.618 16.485 16.586 0.000
Prev. Close Volume Bid Ask Time
16.586 16.566 16.606 2018-04-26 09:00:16
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