Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Silver Spot (FOREX:XAGUSDO)
Weak Uptrend (+65) - XAGUSDO is showing signs of weakening momentum to the upside. Monitor XAGUSDO as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for XAGUSDO
The long-term trend has been UP since Jun 1st, 2020 at 18.1975
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 23.3995
The short-term trend has been UP since Nov 29th, 2020 at 25.5750
Smart Scan Analysis for XAGUSDO
Based on our trend formula, XAGUSDO is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).