Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
SILVER May 2022 (NYMEX:SI.K22)
Bull Market Weakness (+75) - SI.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SI.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SI.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.K22
The long-term trend has been DOWN since Aug 6th, 2021 at 24.730
The intermediate-term trend has been UP since Oct 14th, 2021 at 23.290
The short-term trend has been UP since Oct 3rd, 2021 at 22.665
Smart Scan Analysis for SI.K22
Based on our trend formula, SI.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).