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.
MarketClub’s Trade Triangles for SIL.U21
The long-term trend has been UP since Dec 17th, 2020 at 25.755
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 26.265
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).