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.
MarketClub’s Trade Triangles for SI.N20
The long-term trend has been DOWN since Feb 28th, 2020 at 16.745
The intermediate-term trend has been UP since May 14th, 2020 at 15.980
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).
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