Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
Silver Spot (FOREX:XAGUSDO)
Crossroads (+60) - XAGUSDO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAGUSDO?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAGUSDO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAGUSDO
The long-term trend has been DOWN since Mar 7th, 2023 at 20.43295
The intermediate-term trend has been UP since Mar 15th, 2023 at 21.97350
The short-term trend has been UP since Mar 12th, 2023 at 20.78845
Smart Scan Analysis for XAGUSDO
Based on our trend formula, XAGUSDO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).