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Future Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

SILVER Dec 2019 (NYMEX:SI.Z19)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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.Z19
Open High Low SI.Z19 Price Change
17.590 17.670 17.455 17.555 +0.011
Entry Signal

MarketClub’s Trade Triangles for SI.Z19

long term up The long term trend has been UP since Jul 16th, 2019 at 15.720

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2019 at 17.470

short term down The short term trend has been DOWN since Oct 11th, 2019 at 17.435

Smart Scan Analysis for SI.Z19

Based on a pre-defined weighted trend formula for chart analysis, SI.Z19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SI.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.590 17.670 17.455 17.555 +0.011
Prev. Close Volume Bid Ask Time
17.600 23933 2019-10-14 09:15:24
First Delivery2019-12-31Expiration2019-12-27
Open Time18:00Close Time17:00
Want to analyze SILVER Dec 2019 SI.Z19 or another symbol? Try our Free Future Trend Analysis Report.