Future Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
SILVER Dec 2020 (NYMEX:SI.Z20)
Bull Market Weakness (+75) - SI.Z20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SI.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SI.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.Z20
The long-term trend has been DOWN since Feb 28th, 2020 at 16.980
The intermediate-term trend has been UP since Apr 6th, 2020 at 15.150
The short-term trend has been UP since Apr 2nd, 2020 at 14.435
Smart Scan Analysis for SI.Z20
Based on our trend formula, SI.Z20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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