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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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.

FOREX_XAGUSDO
Open High Low XAGUSDO Price Change
24.4170 24.4685 24.0700 24.1090 -0.3080
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term down The long-term trend has been DOWN since Apr 11th, 2021 at 23.7850

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 23.1325

short term up The short-term trend has been UP since Oct 13th, 2021 at 22.8135

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).

+60
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.4170 24.4685 24.0700 24.1090 -0.3080
Prev. Close Volume Bid Ask Time
24.4170 2021-10-21 08:13:18
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