Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
PLATINUM Jul 2019 (NYMEX:PL.N19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.N19
The long term trend has been DOWN since Feb 14th, 2019 at 790.5
The intermediate term trend has been UP since Feb 22nd, 2019 at 839.0
The short term trend has been UP since Feb 15th, 2019 at 798.5
Smart Scan Analysis for PL.N19
Based on a pre-defined weighted trend formula for chart analysis, PL.N19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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