Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, October 16, 2019.

SILVER Jul 2020 (NYMEX:SI.N20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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
17.695 17.720 17.475 17.690 -0.015
Entry Signal

MarketClub’s Trade Triangles for SI.N20

long term up The long term trend has been UP since Jul 16th, 2019 at 15.875

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2019 at 17.810

short term down The short term trend has been DOWN since Oct 11th, 2019 at 17.740

Smart Scan Analysis for SI.N20

Based on a pre-defined weighted trend formula for chart analysis, SI.N20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SI.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.695 17.720 17.475 17.690 -0.015
Prev. Close Volume Bid Ask Time
17.835 804 2019-10-16 17:28:17
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.