Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
1000 OZ MINI SILVER JULY 2021 (ICE:@YI.N21)
Long-Term Downtrend (-90) - @YI.N21 is in a strong downtrend that is likely to continue. While @YI.N21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @YI.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @YI.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @YI.N21
The long-term trend has been DOWN since Mar 30th, 2021 at 24.090
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 27.190
The short-term trend has been DOWN since Jul 6th, 2021 at 26.075
Smart Scan Analysis for @YI.N21
Based on our trend formula, @YI.N21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||28.66||52wk High Date||2021-05-18|
|52wk Low||23.7||52wk Low Date||2021-03-30|