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Future Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

SILVER 1000 OZ Dec 2021 (NYMEX:SIL.Z21)

Bear Market Rally (-75) - SIL.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SIL.Z21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SIL.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.Z21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_SIL.Z21
Open High Low SIL.Z21 Price Change
22.365 22.510 22.010 22.445 +0.180
Entry Signal

MarketClub’s Trade Triangles for SIL.Z21

long term down The long-term trend has been DOWN since Jul 27th, 2021 at 24.570

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 23.445

short term up The short-term trend has been UP since Nov 26th, 2021 at 23.730

Smart Scan Analysis for SIL.Z21

Based on our trend formula, SIL.Z21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SIL.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.365 22.510 22.010 22.445 +0.180
Prev. Close Volume Bid Ask Time
22.510 19 2021-12-03 15:35:41
Expiration2021-12-29Open Time18:00
Close Time17:00
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