Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
SILVER 1000 OZ Oct 2021 (NYMEX:SIL.V21)
Bull Market Weakness (+75) - SIL.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SIL.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SIL.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.V21
The long-term trend has been DOWN since Aug 5th, 2021 at 25.43
The intermediate-term trend has been UP since Oct 14th, 2021 at 22.90
The short-term trend has been UP since Oct 1st, 2021 at 22.45
Smart Scan Analysis for SIL.V21
Based on our trend formula, SIL.V21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).