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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.

NYMEX_PL.F21
Open High Low PL.F21 Price Change
871.4 883.9 849.8 857.1 -16.6
Entry Signal

MarketClub’s Trade Triangles for PL.F21

long term up The long-term trend has been UP since Jul 21st, 2020 at 928.0

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2020 at 897.0

short term down 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).

-60
Smart Scan Analysis for PL.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
871.4 883.9 849.8 857.1 -16.6
Prev. Close Volume Bid Ask Time
982.7 7328 2020-09-23 11:45:26
Expiration2021-01-27Open Time08:20
Close Time13:05
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