Future Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
SILVER 1000 OZ Mar 2020 (NYMEX:SIL.H20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SIL.H20
The long term trend has been UP since Jan 5th, 2020 at 18.48
The intermediate term trend has been DOWN since Jan 21st, 2020 at 17.74
The short term trend has been UP since Jan 24th, 2020 at 17.90
Smart Scan Analysis for SIL.H20
Based on a pre-defined weighted trend formula for chart analysis, SIL.H20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).