Future Trend Analysis Report
Prepared for you on Monday, July 13, 2020.
SILVER 1000 OZ Sep 2020 (NYMEX:SIL.U20)
Strong Uptrend (+100) - SIL.U20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SIL.U20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SIL.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.U20
The long-term trend has been UP since Jun 1st, 2020 at 18.83
The intermediate-term trend has been UP since Apr 6th, 2020 at 14.82
The short-term trend has been UP since Jun 28th, 2020 at 18.25
Smart Scan Analysis for SIL.U20
Based on our trend formula, SIL.U20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).