Future Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
PLATINUM Jan 2021 (NYMEX:PL.F21)
Crossroads (-60) - PL.F21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PL.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.F21
The long-term trend has been UP since Jul 21st, 2020 at 928.0
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 897.0
The short-term trend has been DOWN since Sep 18th, 2020 at 945.4
Smart Scan Analysis for PL.F21
Based on our trend formula, PL.F21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).