Future Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
SILVER (TAS) Jul 2020 (NYMEX:SIT.N20)
Weak Downtrend (-65) - SIT.N20 is showing signs of a strengthening downtrend. Monitor SIT.N20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SIT.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIT.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIT.N20
The long-term trend has been UP since Apr 29th, 2020 at 5
The intermediate-term trend has been DOWN since May 18th, 2020 at -4
The short-term trend has been DOWN since May 14th, 2020 at -1
Smart Scan Analysis for SIT.N20
Based on our trend formula, SIT.N20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).