Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
PLATINUM Jun 2022 (NYMEX:QPL.M22)
Long-Term Downtrend (-90) - QPL.M22 is in a strong downtrend that is likely to continue. While QPL.M22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QPL.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPL.M22
The long-term trend has been DOWN since Apr 22nd, 2022 at 956.2
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 956.2
The short-term trend has been DOWN since May 17th, 2022 at 940.0
Smart Scan Analysis for QPL.M22
Based on our trend formula, QPL.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1024.9||52wk High Date||2022-04-18|
|52wk Low||903||52wk Low Date||2022-04-27|