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Future Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

SILVER 1000 OZ Mar 2021 (NYMEX:SIL.H21)

Countertrend Up (+85) - SIL.H21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SIL.H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.H21.

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

NYMEX_SIL.H21
Open High Low SIL.H21 Price Change
24.89 25.11 24.70 24.84 -0.11
Entry Signal

MarketClub’s Trade Triangles for SIL.H21

long term up The long-term trend has been UP since Apr 7th, 2020 at 14.88

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2020 at 25.43

short term down The short-term trend has been DOWN since Oct 23rd, 2020 at 24.86

Smart Scan Analysis for SIL.H21

Based on our trend formula, SIL.H21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SIL.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.89 25.11 24.70 24.84 -0.11
Prev. Close Volume Bid Ask Time
27.25 194 2020-10-23 14:05:04
Expiration2021-03-29Open Time08:25
Close Time13:25
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