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Forex Trend Analysis Report

Prepared for you on Sunday, December 17, 2017.

Silver Spot (FOREX:XAGUSDO)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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
15.911000 16.085001 15.902500 16.047500 +0.136500
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 down The intermediate term trend has been DOWN since Nov 29th, 2017 at 16.8035

short term up The short term trend has been UP since Dec 13th, 2017 at 15.8875

Smart Scan Analysis for XAGUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAGUSDO scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.911000 16.085001 15.902500 16.047500 +0.136500
Prev. Close Volume Bid Ask Time
16.047500 16.039000 16.056000 2017-12-15 18:43:11
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