Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
SILVER 1000 OZ Jul 2020 (NYMEX:SIL.N20)
Bull Market Weakness (+75) - SIL.N20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SIL.N20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SIL.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.N20
The long-term trend has been DOWN since Feb 28th, 2020 at 16.81
The intermediate-term trend has been UP since Apr 6th, 2020 at 15.11
The short-term trend has been UP since Apr 2nd, 2020 at 14.65
Smart Scan Analysis for SIL.N20
Based on our trend formula, SIL.N20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).