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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Silver Spot (FOREX:XAGUSDO)
Countertrend Down (-85) - XAGUSDO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for XAGUSDO
The long-term trend has been DOWN since Apr 6th, 2025 at 28.88850
The intermediate-term trend has been DOWN since Apr 3rd, 2025 at 31.82815
The short-term trend has been UP since May 5th, 2025 at 32.70800
Smart Scan Analysis for XAGUSDO
Based on our trend formula, XAGUSDO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.88300 | 32.94375 | 32.24100 | 32.35950 | -0.52350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.88300 | 2025-05-08 22:46:13 |