Future Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
SILVER 1000 OZ May 2021 (NYMEX:SIL.K21)
Weak Downtrend (-65) - SIL.K21 is showing signs of a strengthening downtrend. Monitor SIL.K21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SIL.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.K21
The long-term trend has been DOWN since Mar 30th, 2021 at 23.77
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 26.10
The short-term trend has been DOWN since Apr 9th, 2021 at 25.02
Smart Scan Analysis for SIL.K21
Based on our trend formula, SIL.K21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).