Future Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
PLATINUM Oct 2019 (NYMEX:PL.V19)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 DOWN since Feb 11th, 2019 at 800.0
The intermediate term trend has been UP since Feb 21st, 2019 at 836.6
The short term trend has been UP since Mar 11th, 2019 at 831.1
Smart Scan Analysis for PL.V19
Based on a pre-defined weighted trend formula for chart analysis, PL.V19 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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