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Future Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

SILVER 1000 OZ Dec 2021 (NYMEX:SIL.Z21)

Crossroads (+60) - SIL.Z21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SIL.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.Z21.

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

NYMEX_SIL.Z21
Open High Low SIL.Z21 Price Change
24.380 24.545 24.120 24.210 -0.165
Entry Signal

MarketClub’s Trade Triangles for SIL.Z21

long term down The long-term trend has been DOWN since Jul 27th, 2021 at 24.570

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 23.215

short term up The short-term trend has been UP since Oct 13th, 2021 at 22.830

Smart Scan Analysis for SIL.Z21

Based on our trend formula, SIL.Z21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SIL.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.380 24.545 24.120 24.210 -0.165
Prev. Close Volume Bid Ask Time
24.375 3730 2021-10-21 10:10:43
Expiration2021-12-29Open Time18:00
Close Time17:00
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