Future Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
SILVER Dec 2021 (NYMEX:SI.Z21)
Long-Term Uptrend (+90) - SI.Z21 is in a strong uptrend that is likely to continue. While SI.Z21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SI.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SI.Z21
The long-term trend has been UP since Jun 1st, 2020 at 18.88
The intermediate-term trend has been UP since Apr 16th, 2021 at 26.30
The short-term trend has been UP since Apr 13th, 2021 at 25.53
Smart Scan Analysis for SI.Z21
Based on our trend formula, SI.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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