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Future Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

PLATINUM Oct 2021 (NYMEX:PL.V21)

Sidelines Mode (-55) - PL.V21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PL.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.V21.

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

NYMEX_PL.V21
Open High Low PL.V21 Price Change
1018.0 1018.0 1017.0 1018.4 -15.2
Entry Signal

MarketClub’s Trade Triangles for PL.V21

long term down The long-term trend has been DOWN since Jun 17th, 2021 at 1119.8

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2021 at 998.9

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 1038.8

Smart Scan Analysis for PL.V21

Based on our trend formula, PL.V21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PL.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1018.0 1018.0 1017.0 1018.4 -15.2
Prev. Close Volume Bid Ask Time
1017.0 2 2021-10-27 04:01:39
Expiration2021-10-27Open Time08:20
Close Time13:05
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