Future Trend Analysis Report
Prepared for you on Friday, September 25, 2020.
SILVER (E-MINI) Dec 2020 (NYMEX:QI.Z20)
Weak Downtrend (-65) - QI.Z20 is showing signs of a strengthening downtrend. Monitor QI.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QI.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.Z20
The long-term trend has been UP since May 29th, 2020 at 18.4125
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 26.4750
The short-term trend has been DOWN since Sep 18th, 2020 at 27.0125
Smart Scan Analysis for QI.Z20
Based on our trend formula, QI.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).