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.
MarketClub’s Trade Triangles for XPTUSDO
The long-term trend has been DOWN since Feb 28th, 2020 at 865.750
The intermediate-term trend has been UP since Apr 13th, 2020 at 757.095
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).