Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Platinum/US Dollar (FOREX:XPTUSD)

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.

Open High Low XPTUSD Price Change
802.0 806.5 801.5 806.5 +4.5
Entry Signal

MarketClub’s Trade Triangles for XPTUSD

long term up The long term trend has been UP since Nov 1st, 2018 at 849.5

intermediate term up The intermediate term trend has been UP since Jan 4th, 2019 at 808.0

short term down The short term trend has been DOWN since Jan 14th, 2019 at 816.5

Smart Scan Analysis for XPTUSD

Based on a pre-defined weighted trend formula for chart analysis, XPTUSD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for XPTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
802.0 806.5 801.5 806.5 +4.5
Prev. Close Volume Bid Ask Time
802 801.5 811.5 2019-01-17 06:38:00
Want to analyze Platinum/US Dollar XPTUSD or another symbol? Try our Free Forex Trend Analysis Report.