Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

Silver Spot (FOREX:XAGUSDO)

Strong Uptrend (+100) - XAGUSDO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAGUSDO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
31.429 31.429 31.429 31.429 0.000
Entry Signal

MarketClub’s Trade Triangles for XAGUSDO

long term up The long-term trend has been UP since Nov 28th, 2023 at 24.9920

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 28.7637

short term up The short-term trend has been UP since May 5th, 2024 at 26.9520

Smart Scan Analysis for XAGUSDO

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

+100
Smart Scan Analysis for XAGUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.429 31.429 31.429 31.429 0.000
Prev. Close Volume Bid Ask Time
31.429 2024-05-19 02:33:01
Get a free daily analysis and signals for Silver Spot (XAGUSDO) - Request Your Free Report.