Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
SILVER 1000 OZ Dec 2020 (NYMEX:SIL.Z20)
Bear Market Rally (-75) - SIL.Z20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SIL.Z20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SIL.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.Z20
The long-term trend has been DOWN since Feb 28th, 2020 at 17.86
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 17.89
The short-term trend has been DOWN since Mar 30th, 2020 at 14.30
Smart Scan Analysis for SIL.Z20
Based on our trend formula, SIL.Z20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).