Future Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
SILVER Apr 2021 (NYMEX:SI.J21)
Long-Term Downtrend (-90) - SI.J21 is in a strong downtrend that is likely to continue. While SI.J21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SI.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.J21
The long-term trend has been DOWN since Feb 2nd, 2021 at 28.30
The intermediate-term trend has been DOWN since Feb 2nd, 2021 at 28.30
The short-term trend has been DOWN since Feb 25th, 2021 at 27.75
Smart Scan Analysis for SI.J21
Based on our trend formula, SI.J21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).