Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
PLATINUM Oct 2022 (NYMEX:PL.V22)
Strong Downtrend (-100) - PL.V22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PL.V22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PL.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.V22
The long-term trend has been DOWN since Apr 22nd, 2022 at 942.0
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 937.0
The short-term trend has been DOWN since Jun 19th, 2022 at 928.7
Smart Scan Analysis for PL.V22
Based on our trend formula, PL.V22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).