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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.

NYMEX_SIL.N21
Open High Low SIL.N21 Price Change
25.070 25.145 24.660 24.856 -0.635
Entry Signal

MarketClub’s Trade Triangles for SIL.N21

long term up The long-term trend has been UP since Jan 3rd, 2021 at 26.990

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2021 at 27.315

short term down 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).

-70
Smart Scan Analysis for SIL.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.070 25.145 24.660 24.856 -0.635
Prev. Close Volume Bid Ask Time
24.660 14 2021-07-27 17:28:44
Expiration2021-07-28Open Time18:00
Close Time17:00
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