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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2017.

Silver Spot (FOREX:XAGUSDO)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
18.0460 18.2515 18.0315 18.2180 +0.1720
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term down The long term trend has been DOWN since Oct 5th, 2016 at 17.605

intermediate term up The intermediate term trend has been UP since Mar 27th, 2017 at 17.965

short term up The short term trend has been UP since Mar 16th, 2017 at 17.475

Smart Scan Analysis for XAGUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAGUSDO scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.0460 18.2515 18.0315 18.2180 +0.1720
Prev. Close Volume Bid Ask Time
18.0460 18.2130 18.2230 2017-03-29 20:44:40
Want to analyze Silver Spot XAGUSDO or another symbol? Try our Free Forex Trend Analysis Report.