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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Silver Spot (FOREX:XAGUSDO)

Sidelines Mode (-55) - XAGUSDO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
29.5785 29.5785 29.5785 29.5785 0.0000
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long-term trend has been UP since Nov 28th, 2023 at 24.99200

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 29.13480

short term up The short-term trend has been UP since Jun 12th, 2024 at 29.83345

Smart Scan Analysis for XAGUSDO

Based on our trend formula, XAGUSDO is rated as a -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
29.5785 29.5785 29.5785 29.5785 0.0000
Prev. Close Volume Bid Ask Time
29.5785 2024-06-15 07:06:10
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