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Forex Trend Analysis Report

Prepared for you on Thursday, July 20, 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
16.2435 16.4200 16.1550 16.3080 +0.0645
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term down The long term trend has been DOWN since May 1st, 2017 at 16.835

intermediate term down The intermediate term trend has been DOWN since Jun 12th, 2017 at 16.855

short term up The short term trend has been UP since Jul 11th, 2017 at 15.949

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
16.2435 16.4200 16.1550 16.3080 +0.0645
Prev. Close Volume Bid Ask Time
16.2435 16.3040 16.3120 2017-07-20 16:50:46
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