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Future Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

SILVER May 2022 (NYMEX:SI.K22)

Countertrend Down (-85) - SI.K22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SI.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.K22.

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

NYMEX_SI.K22
Open High Low SI.K22 Price Change
23.655 23.800 22.980 23.169 -0.520
Entry Signal

MarketClub’s Trade Triangles for SI.K22

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 24.730

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 23.140

short term up The short-term trend has been UP since Nov 26th, 2021 at 23.765

Smart Scan Analysis for SI.K22

Based on our trend formula, SI.K22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SI.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.655 23.800 22.980 23.169 -0.520
Prev. Close Volume Bid Ask Time
23.160 653 2021-11-26 13:39:43
Expiration2022-05-26Open Time08:25
Close Time13:25
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