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Future Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

SILVER Mar 2020 (NYMEX:SI.H20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.

NYMEX_SI.H20
Open High Low SI.H20 Price Change
17.785 17.865 17.675 17.850 +0.070
Entry Signal

MarketClub’s Trade Triangles for SI.H20

long term up The long term trend has been UP since Jan 5th, 2020 at 18.495

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2020 at 17.755

short term down The short term trend has been DOWN since Jan 21st, 2020 at 17.905

Smart Scan Analysis for SI.H20

Based on a pre-defined weighted trend formula for chart analysis, SI.H20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SI.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.785 17.865 17.675 17.850 +0.070
Prev. Close Volume Bid Ask Time
17.975 26372 2020-01-22 08:30:51
First Delivery2020-03-31Expiration2020-03-27
Open Time18:00Close Time17:00
Get a free daily report for SILVER Mar 2020 (SI.H20) - Free Trend Analysis Report.