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.
MarketClub’s Trade Triangles for SIL.H23
The long-term trend has been UP since Oct 4th, 2022 at 21.040
The intermediate-term trend has been UP since Sep 12th, 2022 at 19.500
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).