Future Trend Analysis Report
Prepared for you on Friday, October 30, 2020.
SILVER Mar 2021 (NYMEX:SI.H21)
Weak Downtrend (-65) - SI.H21 is showing signs of a strengthening downtrend. Monitor SI.H21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SI.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.H21
The long-term trend has been UP since Jun 1st, 2020 at 18.985
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 26.640
The short-term trend has been DOWN since Oct 23rd, 2020 at 24.815
Smart Scan Analysis for SI.H21
Based on our trend formula, SI.H21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).