Future Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
SILVER 1000 OZ Sep 2022 (NYMEX:SIL.U22)
Bull Market Weakness (+75) - SIL.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SIL.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SIL.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.U22
The long-term trend has been DOWN since May 5th, 2022 at 22.38
The intermediate-term trend has been UP since Jul 29th, 2022 at 20.10
The short-term trend has been UP since Aug 12th, 2022 at 20.58
Smart Scan Analysis for SIL.U22
Based on our trend formula, SIL.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).