Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
SILVER Apr 2020 (NYMEX:SI.J20)
Sidelines Mode (-55) - SI.J20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SI.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.J20
The long-term trend has been DOWN since Feb 27th, 2020 at 17.56
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 17.56
The short-term trend has been UP since Apr 3rd, 2020 at 14.18
Smart Scan Analysis for SI.J20
Based on our trend formula, SI.J20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).