Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
SILVER 1000 OZ Jul 2021 (NYMEX:SIL.N21)
Weak Downtrend (-65) - SIL.N21 is showing signs of a strengthening downtrend. Monitor SIL.N21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SIL.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.N21
The long-term trend has been UP since Jan 3rd, 2021 at 26.990
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 27.315
The short-term trend has been DOWN since Jul 12th, 2021 at 26.255
Smart Scan Analysis for SIL.N21
Based on our trend formula, SIL.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).