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Future Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

SILVER May 2021 (NYMEX:SI.K21)

Weak Uptrend (+65) - SI.K21 is showing signs of weakening momentum to the upside. Monitor SI.K21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SI.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.K21.

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

NYMEX_SI.K21
Open High Low SI.K21 Price Change
27.530 27.650 26.160 26.560 -0.935
Entry Signal

MarketClub’s Trade Triangles for SI.K21

long term up The long-term trend has been UP since Jan 3rd, 2021 at 27.000

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2021 at 27.795

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 27.740

Smart Scan Analysis for SI.K21

Based on our trend formula, SI.K21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SI.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.530 27.650 26.160 26.560 -0.935
Prev. Close Volume Bid Ask Time
27.495 107396 2021-02-26 14:32:56
Expiration2021-05-26Open Time08:25
Close Time13:25
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