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Future Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

SILVER Dec 2022 (NYMEX:SI.Z22)

Long-Term Uptrend (+90) - SI.Z22 is in a strong uptrend that is likely to continue. While SI.Z22 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.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.Z22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_SI.Z22
Open High Low SI.Z22 Price Change
24.640 24.805 24.420 24.541 -0.275
Entry Signal

MarketClub’s Trade Triangles for SI.Z22

long term up The long-term trend has been UP since Nov 11th, 2021 at 25.065

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 23.060

short term up The short-term trend has been UP since Jan 11th, 2022 at 22.980

Smart Scan Analysis for SI.Z22

Based on our trend formula, SI.Z22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SI.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.640 24.805 24.420 24.541 -0.275
Prev. Close Volume Bid Ask Time
24.505 282 2022-01-21 16:09:43
Expiration2022-12-28Open Time08:25
Close Time13:25
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