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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
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.
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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 UP since Aug 19th, 2024 at 29.18175
The short-term trend has been DOWN since Oct 7th, 2024 at 31.44495
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.37910 | 31.54695 | 30.16515 | 30.69265 | -0.68645 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.37910 | 2024-10-08 19:26:13 |