Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
PLATINUM Jan 2019 (NYMEX:PL.F19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PL.F19
The long term trend has been UP since Nov 1st, 2018 at 854.5
The intermediate term trend has been UP since Jan 4th, 2019 at 806.6
The short term trend has been DOWN since Jan 10th, 2019 at 821.7
Smart Scan Analysis for PL.F19
Based on a pre-defined weighted trend formula for chart analysis, PL.F19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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