Future Trend Analysis Report
Prepared for you on Thursday, December 8, 2022.
SILVER Jan 2023 (NYMEX:SI.F23)
Strong Uptrend (+100) - SI.F23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SI.F23 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 SI.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.F23
The long-term trend has been UP since Oct 4th, 2022 at 20.915
The intermediate-term trend has been UP since Nov 4th, 2022 at 20.220
The short-term trend has been UP since Dec 8th, 2022 at 22.720
Smart Scan Analysis for SI.F23
Based on our trend formula, SI.F23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).