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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Silver Spot (FOREX:XAGUSDO)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_XAGUSDO
Open High Low XAGUSDO Price Change
15.7845 15.7845 15.7845 15.7845 0.0000
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long term trend has been UP since Dec 26th, 2018 at 14.913

intermediate term up The intermediate term trend has been UP since Jan 29th, 2019 at 15.812

short term down The short term trend has been DOWN since Feb 3rd, 2019 at 15.855

Smart Scan Analysis for XAGUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAGUSDO scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.7845 15.7845 15.7845 15.7845 0.0000
Prev. Close Volume Bid Ask Time
15.7845 15.7810 15.7880 2019-02-16 05:59:44
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