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Forex Trend Analysis Report

Prepared for you on Thursday, September 21, 2017.

Silver Spot (FOREX:XAGUSDO)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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
17.114 17.118 16.944 16.946 -0.168
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long term trend has been UP since Sep 1st, 2017 at 17.7370

intermediate term down The intermediate term trend has been DOWN since Sep 20th, 2017 at 17.0350

short term down The short term trend has been DOWN since Sep 10th, 2017 at 17.8115

Smart Scan Analysis for XAGUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAGUSDO scored -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
17.114 17.118 16.944 16.946 -0.168
Prev. Close Volume Bid Ask Time
17.114 16.943 16.949 2017-09-21 08:24:41
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