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Future Trend Analysis Report

Prepared for you on Sunday, May 29, 2022.

PLATINUM JULY 2022 (NYMEX:QPL.N22)

Long-Term Downtrend (-90) - QPL.N22 is in a strong downtrend that is likely to continue. While QPL.N22 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.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.N22.

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

NYMEX_QPL.N22
Open High Low QPL.N22 Price Change
937.6 946.7 934.2 944.3 +6.9
Entry Signal

MarketClub’s Trade Triangles for QPL.N22

long term down The long-term trend has been DOWN since Apr 25th, 2022 at 920.9

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 941.4

short term down The short-term trend has been DOWN since May 25th, 2022 at 938.1

Smart Scan Analysis for QPL.N22

Based on our trend formula, QPL.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QPL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
937.6 946.7 934.2 944.3 +6.9
Prev. Close Volume Bid Ask Time
937.4 10855 943.6 944.3 2022-05-27 16:51:44
52wk High1276.752wk High Date2021-05-09
52wk Low888.852wk Low Date2021-12-15
Volatility31.45Expiration2022-07-27
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