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Future Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

PLATINUM Jan 2024 (NYMEX:PL.F24)

Crossroads (-60) - PL.F24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PL.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.F24.

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

NYMEX_PL.F24
Open High Low PL.F24 Price Change
1027.3 1030.8 1012.3 1022.7 -1.6
Entry Signal

MarketClub’s Trade Triangles for PL.F24

long term up The long-term trend has been UP since Apr 21st, 2023 at 1125.0

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2023 at 1056.2

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 1034.8

Smart Scan Analysis for PL.F24

Based on our trend formula, PL.F24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PL.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1027.3 1030.8 1012.3 1022.7 -1.6
Prev. Close Volume Bid Ask Time
1023.0 286 2023-06-09 13:02:36
Expiration2024-01-29Open Time18:00
Close Time17:00
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