Future Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
SILVER Nov 2020 (NYMEX:SI.X20)
Weak Downtrend (-65) - SI.X20 is showing signs of a strengthening downtrend. Monitor SI.X20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SI.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.X20
The long-term trend has been UP since Sep 1st, 2020 at 28.75
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 23.68
The short-term trend has been DOWN since Nov 11th, 2020 at 24.21
Smart Scan Analysis for SI.X20
Based on our trend formula, SI.X20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).