Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
SILVER Jun 2021 (NYMEX:SI.M21)
Sidelines Mode (+55) - SI.M21 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.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.M21
The long-term trend has been UP since Apr 4th, 2021 at 24.99
The intermediate-term trend has been UP since Apr 4th, 2021 at 24.99
The short-term trend has been DOWN since Jun 15th, 2021 at 27.71
Smart Scan Analysis for SI.M21
Based on our trend formula, SI.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).