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Future Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

SILVER Dec 2020 (NYMEX:SI.Z20)

Crossroads (+60) - SI.Z20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SI.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.Z20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_SI.Z20
Open High Low SI.Z20 Price Change
18.120 18.725 18.000 18.630 +0.550
Entry Signal

MarketClub’s Trade Triangles for SI.Z20

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 16.98

intermediate term up The intermediate-term trend has been UP since May 14th, 2020 at 16.15

short term up The short-term trend has been UP since May 25th, 2020 at 17.90

Smart Scan Analysis for SI.Z20

Based on our trend formula, SI.Z20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SI.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.120 18.725 18.000 18.630 +0.550
Prev. Close Volume Bid Ask Time
14.270 1335 2020-05-29 16:01:11
First Delivery2020-12-31Expiration2020-12-29
Open Time08:25Close Time13:25
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