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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

SILVER Jul 2020 (NYMEX:SI.N20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.N20
Open High Low SI.N20 Price Change
17.175 17.270 16.745 16.770 -0.425
Entry Signal

MarketClub’s Trade Triangles for SI.N20

long term down The long term trend has been DOWN since Dec 6th, 2019 at 16.945

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2019 at 16.945

short term down The short term trend has been DOWN since Dec 4th, 2019 at 17.100

Smart Scan Analysis for SI.N20

Based on a pre-defined weighted trend formula for chart analysis, SI.N20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SI.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.175 17.270 16.745 16.770 -0.425
Prev. Close Volume Bid Ask Time
16.775 960 2019-12-06 15:28:12
First Delivery2020-07-31Expiration2020-07-29
Open Time18:00Close Time17:00
Want to analyze SILVER Jul 2020 SI.N20 or another symbol? Try our Free Future Trend Analysis Report.