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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.

NYMEX_SI.X23
Open High Low SI.X23 Price Change
24.805 24.850 24.805 24.930 +0.521
Entry Signal

MarketClub’s Trade Triangles for SI.X23

long term up The long-term trend has been UP since Nov 17th, 2023 at 23.910

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2023 at 23.565

short term up 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).

+100
Smart Scan Analysis for SI.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.805 24.850 24.805 24.930 +0.521
Prev. Close Volume Bid Ask Time
24.850 14 2023-11-27 07:11:12
Expiration2023-11-28Open Time08:25
Close Time13:25
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