Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
SILVER Dec 2021 (NYMEX:SI.Z21)
Crossroads (+60) - SI.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.Z21
The long-term trend has been DOWN since Aug 6th, 2021 at 24.770
The intermediate-term trend has been UP since Oct 14th, 2021 at 23.220
The short-term trend has been UP since Oct 13th, 2021 at 22.825
Smart Scan Analysis for SI.Z21
Based on our trend formula, SI.Z21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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