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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.

NYMEX_SI.H24
Open High Low SI.H24 Price Change
23.930 23.980 23.735 24.210 -0.360
Entry Signal

MarketClub’s Trade Triangles for SI.H24

long term up The long-term trend has been UP since Apr 4th, 2023 at 25.685

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2023 at 25.700

short term down 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).

-70
Smart Scan Analysis for SI.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.930 23.980 23.735 24.210 -0.360
Prev. Close Volume Bid Ask Time
23.735 33 2023-05-25 13:25:31
Expiration2024-03-26Open Time08:25
Close Time13:25
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