Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
SILVER Sep 2020 (NYMEX:SI.U20)
Weak Downtrend (-65) - SI.U20 is showing signs of a strengthening downtrend. Monitor SI.U20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SI.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.U20
The long-term trend has been DOWN since Feb 28th, 2020 at 16.855
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 17.670
The short-term trend has been UP since Apr 2nd, 2020 at 14.560
Smart Scan Analysis for SI.U20
Based on our trend formula, SI.U20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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