Future Trend Analysis Report
Prepared for you on Saturday, May 26, 2018.
SILVER Dec 2020 (E) (NYMEX:SI.Z20.E)
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.
MarketClub’s Trade Triangles for SI.Z20.E
The long term trend has been DOWN since May 1st, 2018 at 17.490
The intermediate term trend has been DOWN since Apr 30th, 2018 at 17.819
The short term trend has been DOWN since May 7th, 2018 at 17.837
Smart Scan Analysis for SI.Z20.E
Based on a pre-defined weighted trend formula for chart analysis, SI.Z20.E scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||21.8||Contract High Date||2016-07-06|
|Contract Low||14.845||Contract Low Date||2016-01-04|
|Estimated Volume||8||First Delivery||2020-12-31|