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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

SILVER 1000 OZ Sep 2022 (NYMEX:SIL.U22)

Long-Term Downtrend (-90) - SIL.U22 is in a strong downtrend that is likely to continue. While SIL.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SIL.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.U22.

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

NYMEX_SIL.U22
Open High Low SIL.U22 Price Change
20.975 21.250 20.600 21.159 +0.225
Entry Signal

MarketClub’s Trade Triangles for SIL.U22

long term down The long-term trend has been DOWN since May 5th, 2022 at 22.38

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 21.38

short term down The short-term trend has been DOWN since Jun 19th, 2022 at 21.65

Smart Scan Analysis for SIL.U22

Based on our trend formula, SIL.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SIL.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.975 21.250 20.600 21.159 +0.225
Prev. Close Volume Bid Ask Time
21.200 1410 2022-06-24 16:59:59
Expiration2022-09-28Open Time18:00
Close Time17:00
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