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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.

FOREX_XAGUSDO
Open High Low XAGUSDO Price Change
24.0245 24.2770 23.7530 23.9750 -0.0495
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long-term trend has been UP since Jun 1st, 2020 at 18.1975

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 23.3995

short term up 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).

+65
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.0245 24.2770 23.7530 23.9750 -0.0495
Prev. Close Volume Bid Ask Time
24.0245 2020-12-03 21:14:00
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