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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Silver Spot (FOREX:XAGUSDO)
Sidelines Mode (-55) - XAGUSDO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAGUSDO?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAGUSDO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XAGUSDO
The long-term trend has been UP since Nov 28th, 2023 at 24.9920
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 30.8897
The short-term trend has been UP since Nov 18th, 2024 at 30.8055
Smart Scan Analysis for XAGUSDO
Based on our trend formula, XAGUSDO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.94750 | 31.39950 | 30.77790 | 31.18515 | +0.23765 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.94750 | 2024-11-22 08:30:16 |