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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Platinum Spot (FOREX:XPTUSDO)

Crossroads (+60) - XPTUSDO is struggling to move into a solid trend. Beware of choppy markets 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
847.500 851.645 838.750 842.870 -4.630
Entry Signal

MarketClub’s Trade Triangles for XPTUSDO

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 865.750

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 757.095

short term up The short-term trend has been UP since Jun 1st, 2020 at 852.835

Smart Scan Analysis for XPTUSDO

Based on our trend formula, XPTUSDO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for XPTUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
847.500 851.645 838.750 842.870 -4.630
Prev. Close Volume Bid Ask Time
847.500 840.000 845.740 2020-06-02 04:30:52
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