Future Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
SILVER Mar 2020 (NYMEX:SI.H20)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.H20
The long term trend has been DOWN since Apr 11th, 2019 at 15.485
The intermediate term trend has been UP since Jun 5th, 2019 at 15.130
The short term trend has been UP since Jun 13th, 2019 at 15.100
Smart Scan Analysis for SI.H20
Based on a pre-defined weighted trend formula for chart analysis, SI.H20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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