Future Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
SILVER Nov 2023 (NYMEX:SI.X23)
Strong Uptrend (+100) - SI.X23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SI.X23 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.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.X23
The long-term trend has been UP since Nov 17th, 2023 at 23.910
The intermediate-term trend has been UP since Nov 16th, 2023 at 23.565
The short-term trend has been UP since Nov 16th, 2023 at 22.620
Smart Scan Analysis for SI.X23
Based on our trend formula, SI.X23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).