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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Silver Spot (FOREX:XAGUSDO)

Bull Market Weakness (+75) - XAGUSDO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAGUSDO as it may be in the beginning stages of a reversal.

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
24.9536 24.9536 24.9536 24.9536 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 up The intermediate-term trend has been UP since Feb 16th, 2024 at 23.30815

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 24.74000

Smart Scan Analysis for XAGUSDO

Based on our trend formula, XAGUSDO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.9536 24.9536 24.9536 24.9536 0.0000
Prev. Close Volume Bid Ask Time
24.9536 2024-03-29 07:43:38
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