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Forex Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

Silver Spot (FOREX:XAGUSDO)

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.

FOREX_XAGUSDO
Open High Low XAGUSDO Price Change
16.8845 17.0250 16.6150 16.9550 +0.0705
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long term trend has been UP since Jul 16th, 2019 at 15.5480

intermediate term down The intermediate term trend has been DOWN since Nov 7th, 2019 at 17.2265

short term up The short term trend has been UP since Nov 13th, 2019 at 16.9405

Smart Scan Analysis for XAGUSDO

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

+55
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.8845 17.0250 16.6150 16.9550 +0.0705
Prev. Close Volume Bid Ask Time
16.8845 16.9300 16.9800 2019-11-13 17:21:39
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