Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
SILVER Sep 2022 (NYMEX:SI.U22)
Bull Market Weakness (+75) - SI.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SI.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SI.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.U22
The long-term trend has been DOWN since Jul 8th, 2021 at 26.515
The intermediate-term trend has been UP since Oct 14th, 2021 at 23.365
The short-term trend has been UP since Oct 14th, 2021 at 23.205
Smart Scan Analysis for SI.U22
Based on our trend formula, SI.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).