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Future Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

SILVER (TAS) Dec 2020 (NYMEX:SIT.Z20)

Long-Term Downtrend (-90) - SIT.Z20 is in a strong downtrend that is likely to continue. While SIT.Z20 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.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIT.Z20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_SIT.Z20
Open High Low SIT.Z20 Price Change
1 1 -1 -1 +1
Entry Signal

MarketClub’s Trade Triangles for SIT.Z20

long term down The long-term trend has been DOWN since Aug 28th, 2020 at -5

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2020 at -2

short term down The short-term trend has been DOWN since Sep 21st, 2020 at -1

Smart Scan Analysis for SIT.Z20

Based on our trend formula, SIT.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SIT.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1 1 -1 -1 +1
Prev. Close Volume Bid Ask Time
-2 1580 2020-09-23 13:23:09
Expiration2020-11-25Open Time18:00
Close Time13:25
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