Future Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
SILVER Mar 2024 (NYMEX:SI.H24)
Weak Downtrend (-65) - SI.H24 is showing signs of a strengthening downtrend. Monitor SI.H24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SI.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.H24
The long-term trend has been UP since Apr 4th, 2023 at 25.685
The intermediate-term trend has been DOWN since May 11th, 2023 at 25.700
The short-term trend has been DOWN since May 24th, 2023 at 24.460
Smart Scan Analysis for SI.H24
Based on our trend formula, SI.H24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).