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.
MarketClub’s Trade Triangles for SI.K21
The long-term trend has been UP since Jan 3rd, 2021 at 27.000
The intermediate-term trend has been UP since Jan 31st, 2021 at 27.795
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).