Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

SILVER 1000 OZ May 2020 (NYMEX:SIL.K20)

Weak Downtrend (-65) - SIL.K20 is showing signs of a strengthening downtrend. Monitor SIL.K20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SIL.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.K20.

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

NYMEX_SIL.K20
Open High Low SIL.K20 Price Change
14.69 14.75 14.43 14.47 -0.17
Entry Signal

MarketClub’s Trade Triangles for SIL.K20

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 16.68

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 17.51

short term up The short-term trend has been UP since Apr 2nd, 2020 at 14.32

Smart Scan Analysis for SIL.K20

Based on our trend formula, SIL.K20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SIL.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.69 14.75 14.43 14.47 -0.17
Prev. Close Volume Bid Ask Time
14.15 895 2020-04-03 16:58:59
Expiration2020-05-27Open Time18:00
Close Time17:00
Get a free daily analysis and signals for SILVER 1000 OZ May 2020 (SIL.K20) - Request Your Free Report.