Forex Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
Platinum/US Dollar (FOREX:XPTUSD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 XPTUSD
The long term trend has been UP since Jan 4th, 2018 at 954.0
The intermediate term trend has been UP since Feb 19th, 2018 at 1013.0
The short term trend has been UP since Feb 13th, 2018 at 976.5
Smart Scan Analysis for XPTUSD
Based on a pre-defined weighted trend formula for chart analysis, XPTUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).