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Future Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

SILVER Dec 2020 (E) (NYMEX:SI.Z20.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

Open High Low SI.Z20.E Price Change
16.100 16.100 16.100 15.644 -0.083
Entry Signal

MarketClub’s Trade Triangles for SI.Z20.E

long term down The long term trend has been DOWN since May 1st, 2018 at 17.490

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2018 at 17.655

short term down The short term trend has been DOWN since Aug 10th, 2018 at 16.476

Smart Scan Analysis for SI.Z20.E

Based on a pre-defined weighted trend formula for chart analysis, SI.Z20.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SI.Z20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.100 16.100 16.100 15.644 -0.083
Prev. Close Volume Bid Ask Time
15.644 4 2018-08-17 13:29:08
Contract High21.8Contract High Date2016-07-06
Contract Low14.845Contract Low Date2016-01-04
Estimated Volume4First Delivery2020-12-31
Expiration2020-12-29Open Time18:00
Close Time17:00
Want to analyze SILVER Dec 2020 (E) SI.Z20.E or another symbol? Try our Free Future Trend Analysis Report.