Forex Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
Platinum Spot (FOREX:XPTUSDO)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 XPTUSDO
The long term trend has been DOWN since Apr 3rd, 2018 at 927.755
The intermediate term trend has been UP since Sep 13th, 2018 at 810.745
The short term trend has been UP since Oct 10th, 2018 at 828.500
Smart Scan Analysis for XPTUSDO
Based on a pre-defined weighted trend formula for chart analysis, XPTUSDO scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).