Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
PLATINUM Jun 2020 (NYMEX:PL.M20)
Bull Market Weakness (+75) - PL.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PL.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PL.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.M20
The long-term trend has been UP since Apr 9th, 2020 at 718.1
The intermediate-term trend has been UP since Apr 9th, 2020 at 718.1
The short-term trend has been DOWN since May 28th, 2020 at 887.0
Smart Scan Analysis for PL.M20
Based on our trend formula, PL.M20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).