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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Silver/US Dollar (FOREX:XAGUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low XAGUSD Price Change
17.905 17.945 17.775 17.785 -0.120
Entry Signal

MarketClub’s Trade Triangles for XAGUSD

long term up The long term trend has been UP since Jul 16th, 2019 at 15.505

intermediate term up The intermediate term trend has been UP since Jun 5th, 2019 at 14.855

short term down The short term trend has been DOWN since Sep 13th, 2019 at 17.915

Smart Scan Analysis for XAGUSD

Based on a pre-defined weighted trend formula for chart analysis, XAGUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for XAGUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.905 17.945 17.775 17.785 -0.120
Prev. Close Volume Bid Ask Time
17.905 17.760 17.810 2019-09-20 12:41:23
Want to analyze Silver/US Dollar XAGUSD or another symbol? Try our Free Forex Trend Analysis Report.