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Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Platinum Spot (FOREX:XPTUSDO)
Weak Downtrend (-65) - XPTUSDO is showing signs of a strengthening downtrend. Monitor XPTUSDO as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for XPTUSDO
The long-term trend has been DOWN since Apr 24th, 2022 at 928.00
The intermediate-term trend has been UP since Jul 29th, 2022 at 908.61
The short-term trend has been DOWN since Aug 15th, 2022 at 945.50
Smart Scan Analysis for XPTUSDO
Based on our trend formula, XPTUSDO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 912.000 | 913.055 | 888.000 | 898.500 | -13.500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 912.000 | 2022-08-19 16:29:42 |