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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.

NYMEX_SIL.Z22
Open High Low SIL.Z22 Price Change
19.990 19.990 19.900 19.935 -0.059
Entry Signal

MarketClub’s Trade Triangles for SIL.Z22

long term down The long-term trend has been DOWN since May 9th, 2022 at 22.400

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 20.200

short term up 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).

+70
Smart Scan Analysis for SIL.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.990 19.990 19.900 19.935 -0.059
Prev. Close Volume Bid Ask Time
20.000 20 2022-08-07 21:09:57
Expiration2022-12-28Open Time18:00
Close Time17:00
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