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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.

NYMEX_SIL.Z22
Open High Low SIL.Z22 Price Change
18.350 18.740 18.330 18.675 +0.340
Entry Signal

MarketClub’s Trade Triangles for SIL.Z22

long term down The long-term trend has been DOWN since May 9th, 2022 at 22.400

intermediate term up The intermediate-term trend has been UP since Sep 12th, 2022 at 19.370

short term down 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).

-65
Smart Scan Analysis for SIL.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.350 18.740 18.330 18.675 +0.340
Prev. Close Volume Bid Ask Time
18.335 2243 2022-09-27 06:42:35
Expiration2022-12-28Open Time18:00
Close Time17:00
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