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Forex Trend Analysis Report

Prepared for you on Tuesday, January 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
17.0540 17.0785 17.0150 17.0720 +0.0180
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term down The long term trend has been DOWN since Dec 1st, 2017 at 16.3250

intermediate term up The intermediate term trend has been UP since Dec 26th, 2017 at 16.4510

short term down The short term trend has been DOWN since Jan 16th, 2018 at 17.0315

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
17.0540 17.0785 17.0150 17.0720 +0.0180
Prev. Close Volume Bid Ask Time
17.0540 17.0520 17.0920 2018-01-23 02:49:21
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