Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
SILVER Mar 2019 (NYMEX:SI.H19)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SI.H19
The long term trend has been UP since Dec 26th, 2018 at 15.055
The intermediate term trend has been UP since Jan 29th, 2019 at 15.850
The short term trend has been UP since Feb 15th, 2019 at 15.725
Smart Scan Analysis for SI.H19
Based on a pre-defined weighted trend formula for chart analysis, SI.H19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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