Future Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
SILVER 1000 OZ Jul 2018 (E) (NYMEX:SIL.N18.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 SIL.N18.E
The long term trend has been UP since Jan 25th, 2018 at 17.637
The intermediate term trend has been DOWN since Feb 2nd, 2018 at 17.010
The short term trend has been UP since Feb 13th, 2018 at 16.700
Smart Scan Analysis for SIL.N18.E
Based on a pre-defined weighted trend formula for chart analysis, SIL.N18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||17.73||Contract High Date||2018-01-24|
|Contract Low||15.81||Contract Low Date||2017-12-07|
|Estimated Volume||36||First Delivery||2018-07-31|