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Future Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.Z19
Open High Low SIL.Z19 Price Change
17.150 17.610 17.100 17.530 +0.352
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 up The intermediate term trend has been UP since Jun 6th, 2019 at 14.99

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 17.12

Smart Scan Analysis for SIL.Z19

Based on a pre-defined weighted trend formula for chart analysis, SIL.Z19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SIL.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.150 17.610 17.100 17.530 +0.352
Prev. Close Volume Bid Ask Time
14.51 2548 2019-08-23 16:46:04
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.