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Future Trend Analysis Report

Prepared for you on Sunday, January 24, 2021.

SILVER 1000 OZ Jan 2021 (NYMEX:SIL.F21)

Sidelines Mode (-55) - SIL.F21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SIL.F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.F21.

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

NYMEX_SIL.F21
Open High Low SIL.F21 Price Change
26.000 26.000 25.745 25.745 -0.077
Entry Signal

MarketClub’s Trade Triangles for SIL.F21

long term up The long-term trend has been UP since May 19th, 2020 at 17.860

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2021 at 24.885

short term up The short-term trend has been UP since Jan 21st, 2021 at 25.215

Smart Scan Analysis for SIL.F21

Based on our trend formula, SIL.F21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SIL.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.000 26.000 25.745 25.745 -0.077
Prev. Close Volume Bid Ask Time
24.170 3 2021-01-21 20:17:32
Expiration2021-01-27Open Time08:25
Close Time13:25
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