Futopt Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
PLATINUM JANUARY 2021 PUT 985 (NYMEX:QPL.F21.985P)
Long-Term Downtrend (-90) - QPL.F21.985P is in a strong downtrend that is likely to continue. While QPL.F21.985P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QPL.F21.985P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.F21.985P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPL.F21.985P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QPL.F21.985P
Based on our trend formula, QPL.F21.985P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).