Future Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
SILVER Feb 2020 (NYMEX:SI.G20)
Weak Downtrend (-65) - SI.G20 is showing signs of a strengthening downtrend. Monitor SI.G20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.G20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.G20
The long-term trend has been UP since Dec 23rd, 2019 at 17.22
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 17.74
The short-term trend has been DOWN since Jan 28th, 2020 at 17.73
Smart Scan Analysis for SI.G20
Based on our trend formula, SI.G20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).