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.
MarketClub’s Trade Triangles for SIL.Z21
The long-term trend has been DOWN since Mar 30th, 2021 at 24.500
The intermediate-term trend has been UP since Apr 15th, 2021 at 25.890
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).