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Future Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

SILVER 1000 OZ Sep 2020 (NYMEX:SIL.U20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_SIL.U20
Open High Low SIL.U20 Price Change
17.790 17.790 17.790 17.790 -0.496
Entry Signal

MarketClub’s Trade Triangles for SIL.U20

long term up The long term trend has been UP since Jan 3rd, 2020 at 17.92

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2020 at 18.10

short term down The short term trend has been DOWN since Jan 14th, 2020 at 18.10

Smart Scan Analysis for SIL.U20

Based on a pre-defined weighted trend formula for chart analysis, SIL.U20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SIL.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.790 17.790 17.790 17.790 -0.496
Prev. Close Volume Bid Ask Time
18.100 18 2020-01-28 10:51:20
Expiration2020-09-28Open Time18:00
Close Time17:00
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