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.
MarketClub’s Trade Triangles for SIL.H21
The long-term trend has been UP since Apr 7th, 2020 at 14.88
The intermediate-term trend has been UP since Oct 11th, 2020 at 25.43
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).