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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Silver Spot (FOREX:XAGUSDO)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
14.4075 14.4075 14.4075 14.4075 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 Nov 12th, 2018 at 14.0550

short term up The short term trend has been UP since Nov 15th, 2018 at 14.2015

Smart Scan Analysis for XAGUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAGUSDO scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.4075 14.4075 14.4075 14.4075 0.0000
Prev. Close Volume Bid Ask Time
14.4075 14.3980 14.4170 2018-11-17 22:41:34
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