Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Silver Spot (FOREX:XAGUSDO)
Strong Uptrend (+100) - XAGUSDO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAGUSDO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Nov 28th, 2023 at 24.99200
The intermediate-term trend has been UP since Nov 16th, 2023 at 23.60650
The short-term trend has been UP since Nov 24th, 2023 at 24.00805
Smart Scan Analysis for XAGUSDO
Based on our trend formula, XAGUSDO is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).