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Future Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

SILVER Jul 2020 (NYMEX:SI.N20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

NYMEX_SI.N20
Open High Low SI.N20 Price Change
17.74 17.74 17.73 17.73 -0.10
Entry Signal

MarketClub’s Trade Triangles for SI.N20

long term up The long term trend has been UP since Jul 16th, 2019 at 15.875

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2019 at 17.810

short term down The short term trend has been DOWN since Oct 11th, 2019 at 17.740

Smart Scan Analysis for SI.N20

Based on a pre-defined weighted trend formula for chart analysis, SI.N20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SI.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.74 17.74 17.73 17.73 -0.10
Prev. Close Volume Bid Ask Time
17.84 3 2019-10-18 03:48:50
First Delivery2020-07-31Expiration2020-07-29
Open Time08:25Close Time13:25
Want to analyze SILVER Jul 2020 SI.N20 or another symbol? Try our Free Future Trend Analysis Report.