Future Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
PLATINUM Jan 2020 (NYMEX:PL.F20)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PL.F20
The long term trend has been UP since Apr 4th, 2019 at 888.2
The intermediate term trend has been UP since Dec 10th, 2019 at 922.3
The short term trend has been UP since Jan 10th, 2020 at 973.0
Smart Scan Analysis for PL.F20
Based on a pre-defined weighted trend formula for chart analysis, PL.F20 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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