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.
MarketClub’s Trade Triangles for PL.F20
The long term trend has been UP since Apr 4th, 2019 at 888.2
The intermediate term trend has been UP since Jun 28th, 2019 at 834.4
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).
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