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Future Trend Analysis Report

Prepared for you on Monday, May 10, 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
27.695 28.000 27.495 27.550 +0.137
Entry Signal

MarketClub’s Trade Triangles for SIL.Z21

long term down The long-term trend has been DOWN since Mar 30th, 2021 at 24.500

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 25.890

short term up The short-term trend has been UP since May 3rd, 2021 at 26.315

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
27.695 28.000 27.495 27.550 +0.137
Prev. Close Volume Bid Ask Time
27.600 27 2021-05-10 11:23:01
Expiration2021-12-29Open Time08:25
Close Time13:25
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