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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.

NYMEX_SI.H21
Open High Low SI.H21 Price Change
23.535 24.055 23.390 23.765 +0.275
Entry Signal

MarketClub’s Trade Triangles for SI.H21

long term up The long-term trend has been UP since Jun 1st, 2020 at 18.985

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2020 at 26.640

short term down 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).

-70
Smart Scan Analysis for SI.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.535 24.055 23.390 23.765 +0.275
Prev. Close Volume Bid Ask Time
27.505 3316 2020-10-30 11:51:13
Expiration2021-03-29Open Time08:25
Close Time13:25
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