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Future Trend Analysis Report

Prepared for you on Friday, December 2, 2022.

SILVER 1000 OZ Nov 2022 (NYMEX:SIL.X22)

Strong Uptrend (+100) - SIL.X22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SIL.X22 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.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.X22.

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

NYMEX_SIL.X22
Open High Low SIL.X22 Price Change
21.140 21.140 21.140 20.910 +0.164
Entry Signal

MarketClub’s Trade Triangles for SIL.X22

long term up The long-term trend has been UP since Sep 7th, 2022 at 18.040

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2022 at 20.130

short term up The short-term trend has been UP since Nov 1st, 2022 at 19.535

Smart Scan Analysis for SIL.X22

Based on our trend formula, SIL.X22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SIL.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.140 21.140 21.140 20.910 +0.164
Prev. Close Volume Bid Ask Time
21.425 2 2022-11-22 17:28:53
Expiration2022-11-28Open Time08:25
Close Time13:25
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