Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
SILVER (E-MINI) May 2020 (NYMEX:QI.K20)
Sidelines Mode (-55) - QI.K20 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 QI.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.K20
The long-term trend has been DOWN since Feb 28th, 2020 at 16.7625
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 17.6000
The short-term trend has been UP since Apr 2nd, 2020 at 14.3000
Smart Scan Analysis for QI.K20
Based on our trend formula, QI.K20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).