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Future Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

SILVER Jul 2020 (NYMEX:SI.N20)

Strong Uptrend (+100) - SI.N20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SI.N20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SI.N20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.N20.

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

NYMEX_SI.N20
Open High Low SI.N20 Price Change
18.635 18.950 18.455 18.730 +0.231
Entry Signal

MarketClub’s Trade Triangles for SI.N20

long term up The long-term trend has been UP since Jun 1st, 2020 at 18.765

intermediate term up The intermediate-term trend has been UP since May 14th, 2020 at 15.980

short term up The short-term trend has been UP since May 25th, 2020 at 17.770

Smart Scan Analysis for SI.N20

Based on our trend formula, SI.N20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SI.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.635 18.950 18.455 18.730 +0.231
Prev. Close Volume Bid Ask Time
14.180 44059 2020-06-01 11:06:23
First Delivery2020-07-31Expiration2020-07-29
Open Time08:25Close Time13:25
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