Future Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
PLATINUM Apr 2020 (NYMEX:PL.J20)
Weak Downtrend (-65) - PL.J20 is showing signs of a strengthening downtrend. Monitor PL.J20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PL.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.J20
The long-term trend has been DOWN since Feb 28th, 2020 at 876.8
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 961.3
The short-term trend has been DOWN since Mar 29th, 2020 at 722.5
Smart Scan Analysis for PL.J20
Based on our trend formula, PL.J20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).