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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Platinum Spot (FOREX:XPTUSDO)

Sidelines Mode (+55) - XPTUSDO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid XPTUSDO?

MarketClub looks at technical strength and momentum to determine if the timing is right for XPTUSDO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_XPTUSDO
Open High Low XPTUSDO Price Change
1213.735 1230.500 1198.000 1205.015 -8.720
Entry Signal

MarketClub’s Trade Triangles for XPTUSDO

long term up The long-term trend has been UP since Jun 16th, 2020 at 911.000

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2020 at 913.500

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 1256.745

Smart Scan Analysis for XPTUSDO

Based on our trend formula, XPTUSDO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for XPTUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1213.735 1230.500 1198.000 1205.015 -8.720
Prev. Close Volume Bid Ask Time
1213.735 2021-03-01 11:22:51
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