Index Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
SPROTT PHYSICAL PLATINUM & PALLADIUM T (PACF:SPPP.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 SPPP.IV
The long term trend has been DOWN since Feb 9th, 2018 at 8.9217
The intermediate term trend has been DOWN since Jun 18th, 2018 at 8.8197
The short term trend has been UP since Aug 17th, 2018 at 8.0280
Smart Scan Analysis for SPPP.IV
Based on a pre-defined weighted trend formula for chart analysis, SPPP.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.0893||52wk High Date||2018-01-16|
|52wk Low||7.4946||52wk Low Date||2018-08-15|