Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

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

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.Z19
Open High Low SIL.Z19 Price Change
15.17 15.17 15.10 15.10 -0.07
Entry Signal

MarketClub’s Trade Triangles for SIL.Z19

long term down The long term trend has been DOWN since Feb 27th, 2019 at 16.61

intermediate term up The intermediate term trend has been UP since Jun 6th, 2019 at 14.99

short term up The short term trend has been UP since Jun 13th, 2019 at 14.95

Smart Scan Analysis for SIL.Z19

Based on a pre-defined weighted trend formula for chart analysis, SIL.Z19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SIL.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.17 15.17 15.10 15.10 -0.07
Prev. Close Volume Bid Ask Time
14.51 6 2019-06-19 07:20:59
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.