Future Trend Analysis Report
Prepared for you on Thursday, May 23, 2019.
PLATINUM Oct 2019 (NYMEX:PL.V19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.V19
The long term trend has been UP since Apr 4th, 2019 at 888.0
The intermediate term trend has been DOWN since May 1st, 2019 at 887.1
The short term trend has been DOWN since May 9th, 2019 at 867.9
Smart Scan Analysis for PL.V19
Based on a pre-defined weighted trend formula for chart analysis, PL.V19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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