Future Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
PLATINUM Apr 2019 (NYMEX:PL.J19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.J19
The long term trend has been DOWN since Feb 14th, 2019 at 786.8
The intermediate term trend has been DOWN since Feb 11th, 2019 at 788.5
The short term trend has been UP since Feb 15th, 2019 at 794.4
Smart Scan Analysis for PL.J19
Based on a pre-defined weighted trend formula for chart analysis, PL.J19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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