Future Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
PLATINUM Oct 2019 (NYMEX:PL.V19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.V19
The long term trend has been UP since Apr 4th, 2019 at 888.0
The intermediate term trend has been DOWN since Sep 27th, 2019 at 923.7
The short term trend has been UP since Oct 18th, 2019 at 887.5
Smart Scan Analysis for PL.V19
Based on a pre-defined weighted trend formula for chart analysis, PL.V19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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