Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
PLATINUM Apr 2021 (NYMEX:PL.J21)
Weak Uptrend (+65) - PL.J21 is showing signs of weakening momentum to the upside. Monitor PL.J21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PL.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.J21
The long-term trend has been UP since May 22nd, 2020 at 879.2
The intermediate-term trend has been UP since Nov 16th, 2020 at 918.0
The short-term trend has been DOWN since Feb 25th, 2021 at 1246.2
Smart Scan Analysis for PL.J21
Based on our trend formula, PL.J21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).