Future Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
PLATINUM Apr 2020 (NYMEX:PL.J20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.J20
The long term trend has been UP since Jun 2nd, 2019 at 816.5
The intermediate term trend has been UP since Dec 10th, 2019 at 926.1
The short term trend has been DOWN since Jan 21st, 2020 at 1007.5
Smart Scan Analysis for PL.J20
Based on a pre-defined weighted trend formula for chart analysis, PL.J20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).