Future Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
SILVER Mar 2019 (NYMEX:SI.H19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
MarketClub’s Trade Triangles for SI.H19
The long term trend has been UP since Dec 26th, 2018 at 15.055
The intermediate term trend has been DOWN since Mar 1st, 2019 at 15.525
The short term trend has been UP since Mar 21st, 2019 at 15.315
Smart Scan Analysis for SI.H19
Based on a pre-defined weighted trend formula for chart analysis, SI.H19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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