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.
MarketClub’s Trade Triangles for SIL.K20
The long-term trend has been DOWN since Feb 28th, 2020 at 16.68
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 17.51
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).