Future Trend Analysis Report
Prepared for you on Sunday, August 7, 2022.
SILVER 1000 OZ Dec 2022 (NYMEX:SIL.Z22)
Bull Market Weakness (+75) - SIL.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SIL.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SIL.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.Z22
The long-term trend has been DOWN since May 9th, 2022 at 22.400
The intermediate-term trend has been UP since Jul 29th, 2022 at 20.200
The short-term trend has been UP since Aug 5th, 2022 at 20.355
Smart Scan Analysis for SIL.Z22
Based on our trend formula, SIL.Z22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).