Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
PLATINUM Apr 2022 (NYMEX:PL.J22)
Weak Downtrend (-65) - PL.J22 is showing signs of a strengthening downtrend. Monitor PL.J22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PL.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.J22
The long-term trend has been UP since Nov 11th, 2021 at 1080.9
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 1020.0
The short-term trend has been DOWN since Nov 16th, 2021 at 1074.2
Smart Scan Analysis for PL.J22
Based on our trend formula, PL.J22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).