Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

SILVER Jan 2020 (NYMEX:SI.F20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_SI.F20
Open High Low SI.F20 Price Change
17.500 17.665 17.485 17.630 -0.040
Entry Signal

MarketClub’s Trade Triangles for SI.F20

long term up The long term trend has been UP since Jul 2nd, 2019 at 15.480

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2019 at 17.600

short term down The short term trend has been DOWN since Oct 10th, 2019 at 17.555

Smart Scan Analysis for SI.F20

Based on a pre-defined weighted trend formula for chart analysis, SI.F20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SI.F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.500 17.665 17.485 17.630 -0.040
Prev. Close Volume Bid Ask Time
17.630 169 2019-10-18 16:17:43
First Delivery2020-01-31Expiration2020-01-29
Open Time18:00Close Time17:00
Want to analyze SILVER Jan 2020 SI.F20 or another symbol? Try our Free Future Trend Analysis Report.