Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Platinum Asia Fund (Quoted Managed Hedge Fund) (GIF:PAXX-AU)
Countertrend Up (+85) - PAXX-AU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid PAXX-AU?
MarketClub looks at technical strength and momentum to determine if the timing is right for PAXX-AU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PAXX-AU
The long-term trend has been UP since Oct 15th, 2019 at 4.3259
The intermediate-term trend has been UP since Jun 8th, 2020 at 4.6661
The short-term trend has been DOWN since Sep 17th, 2020 at 5.0854
Smart Scan Analysis for PAXX-AU
Based on our trend formula, PAXX-AU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).