Future Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
SILVER Jul 2021 (E) (NYMEX:SI.N21.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.N21.E
The long term trend has been DOWN since May 1st, 2017 at 18.474
The intermediate term trend has been DOWN since Apr 21st, 2017 at 19.535
The short term trend has been UP since May 12th, 2017 at 17.801
Smart Scan Analysis for SI.N21.E
Based on a pre-defined weighted trend formula for chart analysis, SI.N21.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||18.5||Contract High Date||2017-05-17|
|Contract Low||18.5||Contract Low Date||2017-05-17|
|Estimated Volume||1||First Delivery||2021-07-30|