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Future Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

PLATINUM Jan 2022 (NYMEX:PL.F22)

Sidelines Mode (+55) - PL.F22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PL.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.F22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_PL.F22
Open High Low PL.F22 Price Change
1043.4 1050.8 1036.7 1048.0 +4.1
Entry Signal

MarketClub’s Trade Triangles for PL.F22

long term down The long-term trend has been DOWN since Jun 10th, 2021 at 1139.4

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2021 at 997.3

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 1043.6

Smart Scan Analysis for PL.F22

Based on our trend formula, PL.F22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PL.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1043.4 1050.8 1036.7 1048.0 +4.1
Prev. Close Volume Bid Ask Time
1043.9 2602 2021-10-20 05:59:37
Expiration2022-01-27Open Time08:20
Close Time13:05
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