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Future Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

SILVER May 2020 (NYMEX:SI.K20)

Strong Uptrend (+100) - SI.K20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SI.K20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SI.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_SI.K20
Open High Low SI.K20 Price Change
18.715 18.720 18.510 18.670 -0.015
Entry Signal

MarketClub’s Trade Triangles for SI.K20

long term up The long-term trend has been UP since Jan 5th, 2020 at 18.565

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2020 at 18.430

short term up The short-term trend has been UP since Feb 14th, 2020 at 17.745

Smart Scan Analysis for SI.K20

Based on our trend formula, SI.K20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SI.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.715 18.720 18.510 18.670 -0.015
Prev. Close Volume Bid Ask Time
18.095 9260 2020-02-24 23:03:29
First Delivery2020-05-29Expiration2020-05-27
Open Time08:25Close Time13:25
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