Future Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
SILVER Jul 2019 (NYMEX:SI.N19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.N19
The long term trend has been DOWN since Apr 11th, 2019 at 15.050
The intermediate term trend has been UP since Jun 4th, 2019 at 14.825
The short term trend has been UP since Jun 13th, 2019 at 14.795
Smart Scan Analysis for SI.N19
Based on a pre-defined weighted trend formula for chart analysis, SI.N19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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