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.
MarketClub’s Trade Triangles for PL.F24
The long-term trend has been UP since Apr 21st, 2023 at 1125.0
The intermediate-term trend has been DOWN since May 24th, 2023 at 1056.2
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).