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Future Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

PLATINUM Oct 2019 (NYMEX:PL.V19)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

NYMEX_PL.V19
Open High Low PL.V19 Price Change
854.9 863.4 848.1 861.8 +3.7
Entry Signal

MarketClub’s Trade Triangles for PL.V19

long term up The long term trend has been UP since Apr 4th, 2019 at 888.0

intermediate term down The intermediate term trend has been DOWN since Aug 15th, 2019 at 845.3

short term down The short term trend has been DOWN since Aug 22nd, 2019 at 849.3

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).

+60
Smart Scan Analysis for PL.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
854.9 863.4 848.1 861.8 +3.7
Prev. Close Volume Bid Ask Time
804.7 14175 2019-08-22 11:55:45
First Delivery2019-10-31Expiration2019-10-29
Open Time08:20Close Time13:05
Want to analyze PLATINUM Oct 2019 PL.V19 or another symbol? Try our Free Future Trend Analysis Report.