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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

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
935.5 943.0 934.0 943.0 +7.5
Entry Signal

MarketClub’s Trade Triangles for XPTUSD

long term up The long term trend has been UP since Aug 4th, 2017 at 965.0

intermediate term up The intermediate term trend has been UP since Oct 16th, 2017 at 945.0

short term down The short term trend has been DOWN since Nov 21st, 2017 at 930.5

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
935.5 943.0 934.0 943.0 +7.5
Prev. Close Volume Bid Ask Time
935.5 938.0 948.0 2017-11-24 11:42:10
Want to analyze Platinum/US Dollar XPTUSD or another symbol? Try our Free Forex Trend Analysis Report.