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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

SILVER Jan 2021 (NYMEX:SI.F21)

Countertrend Down (-85) - SI.F21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SI.F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.F21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_SI.F21
Open High Low SI.F21 Price Change
14.200 14.200 14.195 14.195 -0.180
Entry Signal

MarketClub’s Trade Triangles for SI.F21

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 17.715

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 18.050

short term up The short-term trend has been UP since Mar 24th, 2020 at 13.320

Smart Scan Analysis for SI.F21

Based on our trend formula, SI.F21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SI.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.200 14.200 14.195 14.195 -0.180
Prev. Close Volume Bid Ask Time
14.375 4 2020-04-01 17:28:27
Expiration2021-01-27Open Time08:25
Close Time13:25
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