Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
PLATINUM JUNE 2020 (NYMEX:QPL.M20)
Bull Market Weakness (+75) - QPL.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QPL.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QPL.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPL.M20
The long-term trend has been UP since Apr 7th, 2020 at 741.0
The intermediate-term trend has been UP since Apr 7th, 2020 at 741.0
The short-term trend has been DOWN since May 27th, 2020 at 879.1
Smart Scan Analysis for QPL.M20
Based on our trend formula, QPL.M20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||933.9||52wk High Date||2020-05-20|
|52wk Low||718||52wk Low Date||2020-04-05|