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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Silver Spot (FOREX:XAGUSDO)

Sidelines Mode (-55) - XAGUSDO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_XAGUSDO
Open High Low XAGUSDO Price Change
14.4525 14.5315 14.2800 14.4030 -0.0495
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term down The long-term trend has been DOWN since Mar 3rd, 2020 at 16.00500

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2020 at 16.00500

short term up The short-term trend has been UP since Apr 2nd, 2020 at 14.24405

Smart Scan Analysis for XAGUSDO

Based on our trend formula, XAGUSDO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.4525 14.5315 14.2800 14.4030 -0.0495
Prev. Close Volume Bid Ask Time
14.4525 14.3980 14.4080 2020-04-03 19:57:56
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