Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
SILVER (TAS) May 2021 (NYMEX:SIT.K21)
Long-Term Downtrend (-90) - SIT.K21 is in a strong downtrend that is likely to continue. While SIT.K21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SIT.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIT.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIT.K21
The long-term trend has been DOWN since Mar 23rd, 2021 at -9
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at -9
The short-term trend has been DOWN since Apr 7th, 2021 at -1
Smart Scan Analysis for SIT.K21
Based on our trend formula, SIT.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).