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Forex Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

Platinum Spot (FOREX:XPTUSDO)

Long-Term Uptrend (+90) - XPTUSDO is in a strong uptrend that is likely to continue. While XPTUSDO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
965.165 965.165 965.165 965.165 0.000
Entry Signal

MarketClub’s Trade Triangles for XPTUSDO

long term up The long-term trend has been UP since Jun 16th, 2020 at 911.00

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2020 at 862.36

short term up The short-term trend has been UP since Aug 3rd, 2020 at 925.50

Smart Scan Analysis for XPTUSDO

Based on our trend formula, XPTUSDO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for XPTUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
965.165 965.165 965.165 965.165 0.000
Prev. Close Volume Bid Ask Time
965.165 961.500 968.830 2020-08-08 01:33:45
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