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Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Platinum Spot (FOREX:XPTUSDO)
Crossroads (+60) - XPTUSDO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jun 17th, 2021 at 1112.0
The intermediate-term trend has been UP since Oct 8th, 2021 at 1014.5
The short-term trend has been UP since Oct 6th, 2021 at 984.0
Smart Scan Analysis for XPTUSDO
Based on our trend formula, XPTUSDO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1040.5 | 1049.5 | 1040.5 | 1042.5 | +2.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1040.5 | 2021-10-20 05:01:32 |