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Forex Trend Analysis Report

Prepared for you on Friday, May 26, 2017.

Silver Spot (FOREX:XAGUSDO)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
17.1770 17.2770 17.1650 17.2529 +0.0759
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term down The long term trend has been DOWN since May 1st, 2017 at 16.8350

intermediate term up The intermediate term trend has been UP since May 23rd, 2017 at 17.2705

short term up The short term trend has been UP since May 21st, 2017 at 17.0240

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
17.1770 17.2770 17.1650 17.2529 +0.0759
Prev. Close Volume Bid Ask Time
17.1770 17.2329 17.2729 2017-05-26 05:21:57
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