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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.

FOREX_XPTUSDO
Open High Low XPTUSDO Price Change
912.000 913.055 888.000 898.500 -13.500
Entry Signal

MarketClub’s Trade Triangles for XPTUSDO

long term down The long-term trend has been DOWN since Apr 24th, 2022 at 928.00

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 908.61

short term down 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).

-65
Smart Scan Analysis for XPTUSDO
Strong Downtrend Sideways 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
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