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Future Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

SILVER 1000 OZ Jan 2022 (NYMEX:SIL.F22)

Long-Term Downtrend (-90) - SIL.F22 is in a strong downtrend that is likely to continue. While SIL.F22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SIL.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.F22.

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

NYMEX_SIL.F22
Open High Low SIL.F22 Price Change
23.160 23.250 23.145 23.195 +0.073
Entry Signal

MarketClub’s Trade Triangles for SIL.F22

long term down The long-term trend has been DOWN since Feb 22nd, 2021 at 29.00

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 23.52

short term down The short-term trend has been DOWN since Nov 16th, 2021 at 24.97

Smart Scan Analysis for SIL.F22

Based on our trend formula, SIL.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SIL.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.160 23.250 23.145 23.195 +0.073
Prev. Close Volume Bid Ask Time
23.130 20 2021-11-28 18:08:05
Expiration2022-01-27Open Time18:00
Close Time17:00
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