Future Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
PLATINUM Jan 2021 (NYMEX:PL.F21)
Bull Market Weakness (+75) - PL.F21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PL.F21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PL.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.F21
The long-term trend has been DOWN since Feb 25th, 2020 at 945.0
The intermediate-term trend has been UP since Apr 13th, 2020 at 754.7
The short-term trend has been UP since May 29th, 2020 at 872.0
Smart Scan Analysis for PL.F21
Based on our trend formula, PL.F21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).