Forex Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Silver Spot (FOREX:XAGUSDO)
Weak Downtrend (-65) - XAGUSDO is showing signs of a strengthening downtrend. Monitor XAGUSDO as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for XAGUSDO
The long-term trend has been DOWN since Apr 11th, 2021 at 23.785
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 26.165
The short-term trend has been UP since Apr 13th, 2021 at 25.401
Smart Scan Analysis for XAGUSDO
Based on our trend formula, XAGUSDO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).