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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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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 DOWN since Jul 22nd, 2024 at 28.88070
The short-term trend has been UP since Jul 24th, 2024 at 29.42665
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.8056 | 27.9530 | 27.5935 | 27.9125 | +0.1069 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.8056 | 2024-07-26 19:56:01 |