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Future Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

SILVER 1000 OZ Sep 2021 (NYMEX:SIL.U21)

Weak Downtrend (-65) - SIL.U21 is showing signs of a strengthening downtrend. Monitor SIL.U21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SIL.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.U21.

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

NYMEX_SIL.U21
Open High Low SIL.U21 Price Change
27.600 27.640 26.250 26.498 -1.650
Entry Signal

MarketClub’s Trade Triangles for SIL.U21

long term up The long-term trend has been UP since Dec 17th, 2020 at 25.755

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 26.265

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 27.580

Smart Scan Analysis for SIL.U21

Based on our trend formula, SIL.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SIL.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.600 27.640 26.250 26.498 -1.650
Prev. Close Volume Bid Ask Time
27.900 24 2021-02-26 12:14:23
Expiration2021-09-28Open Time08:25
Close Time13:25
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