According to the metalsmith-collections docs it supports 'previous/next' links between members of a colleciton:
A Metalsmith plugin that lets you group files together into an ordered collection, like blog posts. That way you can loop over them to generate an index, or add 'next' and 'previous' links between them.
However there is no real example of how this plays out on the template side (I'm using swig, but any example might do).