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Future Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

SILVER Sep 2022 (NYMEX:SI.U22)

Long-Term Downtrend (-90) - SI.U22 is in a strong downtrend that is likely to continue. While SI.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NYMEX_SI.U22
Open High Low SI.U22 Price Change
19.170 19.355 19.035 19.310 +0.155
Entry Signal

MarketClub’s Trade Triangles for SI.U22

long term down The long-term trend has been DOWN since May 9th, 2022 at 22.145

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 21.355

short term down The short-term trend has been DOWN since Jun 19th, 2022 at 21.655

Smart Scan Analysis for SI.U22

Based on our trend formula, SI.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SI.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.170 19.355 19.035 19.310 +0.155
Prev. Close Volume Bid Ask Time
19.155 4793 2022-07-07 00:03:02
Expiration2022-09-28Open Time08:25
Close Time13:25
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