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Future Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

SILVER May 2020 (NYMEX:SI.K20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_SI.K20
Open High Low SI.K20 Price Change
17.870 17.870 17.765 17.820 -0.075
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 down The intermediate term trend has been DOWN since Jan 21st, 2020 at 17.850

short term down The short term trend has been DOWN since Jan 21st, 2020 at 18.005

Smart Scan Analysis for SI.K20

Based on a pre-defined weighted trend formula for chart analysis, SI.K20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SI.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.870 17.870 17.765 17.820 -0.075
Prev. Close Volume Bid Ask Time
18.095 105 2020-01-21 22:31:42
First Delivery2020-05-29Expiration2020-05-27
Open Time08:25Close Time13:25
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