Future Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
SILVER (TAS) Jul 2023 (NYMEX:SIT.N23)
Weak Downtrend (-65) - SIT.N23 is showing signs of a strengthening downtrend. Monitor SIT.N23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SIT.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIT.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIT.N23
The long-term trend has been DOWN since Apr 14th, 2023 at -1
The intermediate-term trend has been DOWN since May 11th, 2023 at -3
The short-term trend has been DOWN since Jun 2nd, 2023 at -1
Smart Scan Analysis for SIT.N23
Based on our trend formula, SIT.N23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).