Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
SILVER (TAS) May 2020 (NYMEX:SIT.K20)
Strong Downtrend (-100) - SIT.K20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SIT.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIT.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIT.K20
The long-term trend has been DOWN since Mar 24th, 2020 at -8
The intermediate-term trend has been DOWN since Mar 23rd, 2020 at -4
The short-term trend has been DOWN since Apr 1st, 2020 at -2
Smart Scan Analysis for SIT.K20
Based on our trend formula, SIT.K20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).