Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
PLATINUM Apr 2021 (NYMEX:PL.J21)
Strong Uptrend (+100) - PL.J21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PL.J21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Apr 6th, 2021 at 1229.1
The short-term trend has been UP since Apr 19th, 2021 at 1181.7
Smart Scan Analysis for PL.J21
Based on our trend formula, PL.J21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).