Future Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
SILVER 1000 OZ Mar 2018 (E) (NYMEX:SIL.H18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SIL.H18.E
The long term trend has been UP since Jan 25th, 2018 at 17.55
The intermediate term trend has been DOWN since Feb 2nd, 2018 at 16.74
The short term trend has been DOWN since Feb 20th, 2018 at 16.52
Smart Scan Analysis for SIL.H18.E
Based on a pre-defined weighted trend formula for chart analysis, SIL.H18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||16.69||Contract High Date||2018-02-20|
|Contract Low||16.39||Contract Low Date||2018-02-20|
|Estimated Volume||285||First Delivery||2018-03-29|