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Future Trend Analysis Report

Prepared for you on Tuesday, December 6, 2022.

SILVER 1000 OZ Mar 2023 (NYMEX:SIL.H23)

Countertrend Up (+85) - SIL.H23 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.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.H23.

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

NYMEX_SIL.H23
Open High Low SIL.H23 Price Change
22.345 22.435 22.255 22.360 0.000
Entry Signal

MarketClub’s Trade Triangles for SIL.H23

long term up The long-term trend has been UP since Oct 4th, 2022 at 21.040

intermediate term up The intermediate-term trend has been UP since Sep 12th, 2022 at 19.500

short term down The short-term trend has been DOWN since Dec 5th, 2022 at 22.475

Smart Scan Analysis for SIL.H23

Based on our trend formula, SIL.H23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SIL.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.345 22.435 22.255 22.360 0.000
Prev. Close Volume Bid Ask Time
22.360 1019 2022-12-06 22:28:09
Expiration2023-03-29Open Time18:00
Close Time17:00
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