Future Trend Analysis Report
Prepared for you on Tuesday, September 27, 2022.
SILVER 1000 OZ Dec 2022 (NYMEX:SIL.Z22)
Weak Downtrend (-65) - SIL.Z22 is showing signs of a strengthening downtrend. Monitor SIL.Z22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SIL.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIL.Z22
The long-term trend has been DOWN since May 9th, 2022 at 22.400
The intermediate-term trend has been UP since Sep 12th, 2022 at 19.370
The short-term trend has been DOWN since Sep 23rd, 2022 at 19.235
Smart Scan Analysis for SIL.Z22
Based on our trend formula, SIL.Z22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).