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Future Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

PLATINUM Jan 2020 (NYMEX:PL.F20)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

NYMEX_PL.F20
Open High Low PL.F20 Price Change
853.8 862.0 852.1 860.0 +7.9
Entry Signal

MarketClub’s Trade Triangles for PL.F20

long term up The long term trend has been UP since Apr 4th, 2019 at 888.2

intermediate term up The intermediate term trend has been UP since Jun 28th, 2019 at 834.4

short term down The short term trend has been DOWN since Jul 10th, 2019 at 817.5

Smart Scan Analysis for PL.F20

Based on a pre-defined weighted trend formula for chart analysis, PL.F20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for PL.F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
853.8 862.0 852.1 860.0 +7.9
Prev. Close Volume Bid Ask Time
807.6 194 2019-07-18 15:02:14
First Delivery2020-01-31Expiration2020-01-29
Open Time08:20Close Time13:05
Want to analyze PLATINUM Jan 2020 PL.F20 or another symbol? Try our Free Future Trend Analysis Report.