Future Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
SILVER Jan 2020 (NYMEX:SI.F20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for SI.F20
The long term trend has been UP since Jul 2nd, 2019 at 15.48
The intermediate term trend has been UP since Jul 18th, 2019 at 15.57
The short term trend has been UP since Jul 10th, 2019 at 15.29
Smart Scan Analysis for SI.F20
Based on a pre-defined weighted trend formula for chart analysis, SI.F20 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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