Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
SILVER 1000 OZ Apr 2021 (NYMEX:SIL.J21)
Weak Downtrend (-65) - SIL.J21 is showing signs of a strengthening downtrend. Monitor SIL.J21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SIL.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.J21
The long-term trend has been DOWN since Feb 2nd, 2021 at 28.285
The intermediate-term trend has been DOWN since Feb 2nd, 2021 at 28.285
The short-term trend has been UP since Apr 6th, 2021 at 24.645
Smart Scan Analysis for SIL.J21
Based on our trend formula, SIL.J21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).