Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
SILVER 1000 OZ Jul 2019 (NYMEX:SIL.N19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 SIL.N19
The long term trend has been DOWN since Apr 4th, 2019 at 15.10
The intermediate term trend has been UP since Jun 4th, 2019 at 14.82
The short term trend has been DOWN since Jun 26th, 2019 at 15.25
Smart Scan Analysis for SIL.N19
Based on a pre-defined weighted trend formula for chart analysis, SIL.N19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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