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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

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
14.2985 14.2985 14.2985 14.2985 0.0000
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term down The long term trend has been DOWN since May 1st, 2018 at 16.1310

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2018 at 16.3280

short term up The short term trend has been UP since Sep 12th, 2018 at 14.2365

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
14.2985 14.2985 14.2985 14.2985 0.0000
Prev. Close Volume Bid Ask Time
14.2985 14.2880 14.3090 2018-09-23 02:29:24
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