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Future Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

SILVER Jul 2020 (NYMEX:SI.N20)

Crossroads (+60) - SI.N20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SI.N20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.N20.

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

Open High Low SI.N20 Price Change
17.920 18.550 17.810 18.450 +0.555
Entry Signal

MarketClub’s Trade Triangles for SI.N20

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 16.745

intermediate term up The intermediate-term trend has been UP since May 14th, 2020 at 15.980

short term up The short-term trend has been UP since May 25th, 2020 at 17.770

Smart Scan Analysis for SI.N20

Based on our trend formula, SI.N20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SI.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.920 18.550 17.810 18.450 +0.555
Prev. Close Volume Bid Ask Time
14.180 61506 2020-05-29 16:59:30
First Delivery2020-07-31Expiration2020-07-29
Open Time08:25Close Time13:25
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