Future Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
SILVER Dec 2020 (NYMEX:SI.Z20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for SI.Z20
The long term trend has been UP since Dec 26th, 2018 at 15.870
The intermediate term trend has been UP since Dec 26th, 2018 at 15.420
The short term trend has been UP since Nov 28th, 2018 at 15.277
Smart Scan Analysis for SI.Z20
Based on a pre-defined weighted trend formula for chart analysis, SI.Z20 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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