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Future Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

SILVER Dec 2020 (NYMEX:SI.Z20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low SI.Z20 Price Change
18.125 18.125 17.950 18.030 -0.130
Entry Signal

MarketClub’s Trade Triangles for SI.Z20

long term up The long term trend has been UP since Jan 5th, 2020 at 18.820

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2020 at 18.055

short term down The short term trend has been DOWN since Jan 21st, 2020 at 18.290

Smart Scan Analysis for SI.Z20

Based on a pre-defined weighted trend formula for chart analysis, SI.Z20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SI.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.125 18.125 17.950 18.030 -0.130
Prev. Close Volume Bid Ask Time
18.320 27 2020-01-23 08:10:21
First Delivery2020-12-31Expiration2020-12-29
Open Time18:00Close Time17:00
Get a free daily report for SILVER Dec 2020 (SI.Z20) - Free Trend Analysis Report.