Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
SILVER Sep 2021 (NYMEX:SI.U21)
Sidelines Mode (+55) - SI.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.U21
The long-term trend has been UP since May 29th, 2020 at 18.580
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 27.355
The short-term trend has been UP since Jul 29th, 2021 at 25.275
Smart Scan Analysis for SI.U21
Based on our trend formula, SI.U21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).