Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
PLATINUM Jul 2022 (NYMEX:PL.N22)
Strong Downtrend (-100) - PL.N22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PL.N22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PL.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PL.N22
The long-term trend has been DOWN since Apr 22nd, 2022 at 941.0
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 932.4
The short-term trend has been DOWN since Jun 30th, 2022 at 901.8
Smart Scan Analysis for PL.N22
Based on our trend formula, PL.N22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 890.9 | 890.9 | 868.4 | 856.8 | -6.3 |
| Prev. Close | Volume | Bid | Ask | Time |
| 869.1 | 11 | 2022-07-05 17:28:37 |
| Expiration | 2022-07-27 | Open Time | 18:00 |
| Close Time | 17:00 |