Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Platinum Spot (FOREX:XPTUSDO)
Strong Downtrend (-100) - XPTUSDO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XPTUSDO continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for XPTUSDO
The long-term trend has been DOWN since Apr 24th, 2022 at 928.0
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 936.0
The short-term trend has been DOWN since Jun 30th, 2022 at 899.5
Smart Scan Analysis for XPTUSDO
Based on our trend formula, XPTUSDO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).