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Forex Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

Silver Spot (FOREX:XAGUSDO)

Bear Market Rally (-75) - XAGUSDO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XAGUSDO as it may be in the beginning 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
23.3255 23.3585 23.0800 23.1585 -0.1670
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term down The long-term trend has been DOWN since Apr 11th, 2021 at 23.785

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 23.045

short term down The short-term trend has been DOWN since Jan 24th, 2022 at 24.080

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
23.3255 23.3585 23.0800 23.1585 -0.1670
Prev. Close Volume Bid Ask Time
23.3255 2022-01-27 06:35:24
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