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Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

SILVER 1000 OZ Dec 2019 (NYMEX:SIL.Z19)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.Z19
Open High Low SIL.Z19 Price Change
17.00 17.00 16.79 16.92 -0.08
Entry Signal

MarketClub’s Trade Triangles for SIL.Z19

long term up The long term trend has been UP since Jul 16th, 2019 at 15.70

intermediate term down The intermediate term trend has been DOWN since Nov 7th, 2019 at 17.35

short term up The short term trend has been UP since Nov 13th, 2019 at 16.87

Smart Scan Analysis for SIL.Z19

Based on a pre-defined weighted trend formula for chart analysis, SIL.Z19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SIL.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.00 17.00 16.79 16.92 -0.08
Prev. Close Volume Bid Ask Time
17.57 1562 2019-11-15 16:47:51
Expiration2019-12-27Open Time08:25
Close Time13:25
Want to analyze SILVER 1000 OZ Dec 2019 SIL.Z19 or another symbol? Try our Free Future Trend Analysis Report.