Future Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
SILVER May 2019 (NYMEX:SI.K19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for SI.K19
The long term trend has been UP since Dec 26th, 2018 at 15.095
The intermediate term trend has been UP since Dec 7th, 2018 at 14.750
The short term trend has been DOWN since Jan 7th, 2019 at 15.735
Smart Scan Analysis for SI.K19
Based on a pre-defined weighted trend formula for chart analysis, SI.K19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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