Future Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
PLATINUM Jul 2020 (NYMEX:PL.N20)
Weak Downtrend (-65) - PL.N20 is showing signs of a strengthening downtrend. Monitor PL.N20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PL.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.N20
The long-term trend has been DOWN since Feb 28th, 2020 at 879.2
The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 964.5
The short-term trend has been DOWN since Mar 29th, 2020 at 723.1
Smart Scan Analysis for PL.N20
Based on our trend formula, PL.N20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).