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Future Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

SILVER Dec 2020 (NYMEX:SI.Z20)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.Z20
Open High Low SI.Z20 Price Change
18.245 18.375 18.235 18.375 +0.250
Entry Signal

MarketClub’s Trade Triangles for SI.Z20

long term up The long term trend has been UP since Jul 16th, 2019 at 16.035

intermediate term up The intermediate term trend has been UP since Jul 16th, 2019 at 15.940

short term down The short term trend has been DOWN since Sep 18th, 2019 at 18.200

Smart Scan Analysis for SI.Z20

Based on a pre-defined weighted trend formula for chart analysis, SI.Z20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SI.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.245 18.375 18.235 18.375 +0.250
Prev. Close Volume Bid Ask Time
16.475 6 2019-09-19 13:52:23
First Delivery2020-12-31Expiration2020-12-29
Open Time18:00Close Time17:00
Want to analyze SILVER Dec 2020 SI.Z20 or another symbol? Try our Free Future Trend Analysis Report.