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.
MarketClub’s Trade Triangles for XPTUSD
The long term trend has been UP since Nov 1st, 2018 at 849.5
The intermediate term trend has been UP since Jan 4th, 2019 at 808.0
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).