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Future Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

SILVER 1000 OZ Nov 2019 (NYMEX:SIL.X19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.X19
Open High Low SIL.X19 Price Change
17.460 17.670 17.460 17.650 +0.159
Entry Signal

MarketClub’s Trade Triangles for SIL.X19

long term up The long term trend has been UP since Oct 9th, 2019 at 17.78

intermediate term up The intermediate term trend has been UP since Oct 9th, 2019 at 17.78

short term up The short term trend has been UP since Oct 9th, 2019 at 17.78

Smart Scan Analysis for SIL.X19

Based on a pre-defined weighted trend formula for chart analysis, SIL.X19 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for SIL.X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.460 17.670 17.460 17.650 +0.159
Prev. Close Volume Bid Ask Time
17.530 7 2019-10-14 14:40:12
Expiration2019-11-26Open Time18:00
Close Time17:00
Want to analyze SILVER 1000 OZ Nov 2019 SIL.X19 or another symbol? Try our Free Future Trend Analysis Report.