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.
MarketClub’s Trade Triangles for QPL.N22
The long-term trend has been DOWN since Apr 25th, 2022 at 920.9
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 941.4
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).
|52wk High||1276.7||52wk High Date||2021-05-09|
|52wk Low||888.8||52wk Low Date||2021-12-15|