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Forex Trend Analysis Report

Prepared for you on Thursday, July 9, 2020.

Silver Spot (FOREX:XAGUSDO)

Long-Term Uptrend (+90) - XAGUSDO is in a strong uptrend that is likely to continue. While XAGUSDO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid XAGUSDO?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAGUSDO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_XAGUSDO
Open High Low XAGUSDO Price Change
18.7450 19.0165 18.7350 18.8700 +0.1250
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long-term trend has been UP since Jun 1st, 2020 at 18.1975

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 15.1160

short term up The short-term trend has been UP since Jul 6th, 2020 at 18.1200

Smart Scan Analysis for XAGUSDO

Based on our trend formula, XAGUSDO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.7450 19.0165 18.7350 18.8700 +0.1250
Prev. Close Volume Bid Ask Time
18.7450 18.8500 18.8900 2020-07-09 07:01:51
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