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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

SILVER Mar 2023 (NYMEX:SI.H23)

Strong Downtrend (-100) - SI.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SI.H23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SI.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.H23.

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

NYMEX_SI.H23
Open High Low SI.H23 Price Change
20.700 20.700 20.700 20.700 -0.415
Entry Signal

MarketClub’s Trade Triangles for SI.H23

long term down The long-term trend has been DOWN since May 2nd, 2022 at 23.370

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 22.000

short term down The short-term trend has been DOWN since Jun 23rd, 2022 at 21.885

Smart Scan Analysis for SI.H23

Based on our trend formula, SI.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SI.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.700 20.700 20.700 20.700 -0.415
Prev. Close Volume Bid Ask Time
21.115 1 2022-06-30 07:30:47
Expiration2023-03-29Open Time08:25
Close Time13:25
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