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.
MarketClub’s Trade Triangles for SI.H20
The long term trend has been UP since Jan 5th, 2020 at 18.495
The intermediate term trend has been DOWN since Jan 21st, 2020 at 17.755
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).
|Open Time||18:00||Close Time||17:00|