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Future Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

PLATINUM Oct 2020 (NYMEX:PL.V20)

Countertrend Up (+85) - PL.V20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid PL.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.V20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_PL.V20
Open High Low PL.V20 Price Change
945.9 985.4 942.1 982.9 +38.8
Entry Signal

MarketClub’s Trade Triangles for PL.V20

long term up The long-term trend has been UP since Jul 21st, 2020 at 922.2

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2020 at 858.2

short term down The short-term trend has been DOWN since Aug 11th, 2020 at 963.1

Smart Scan Analysis for PL.V20

Based on our trend formula, PL.V20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for PL.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
945.9 985.4 942.1 982.9 +38.8
Prev. Close Volume Bid Ask Time
828.3 9945 2020-08-13 13:45:45
Expiration2020-10-28Open Time08:20
Close Time13:05
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