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Future Trend Analysis Report

Prepared for you on Thursday, November 21, 2019.

PLATINUM Apr 2020 (NYMEX:PL.J20)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_PL.J20
Open High Low PL.J20 Price Change
921.4 921.9 920.0 920.0 -3.2
Entry Signal

MarketClub’s Trade Triangles for PL.J20

long term up The long term trend has been UP since Jun 2nd, 2019 at 816.5

intermediate term down The intermediate term trend has been DOWN since Nov 10th, 2019 at 895.4

short term up The short term trend has been UP since Nov 14th, 2019 at 883.7

Smart Scan Analysis for PL.J20

Based on a pre-defined weighted trend formula for chart analysis, PL.J20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for PL.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
921.4 921.9 920.0 920.0 -3.2
Prev. Close Volume Bid Ask Time
897.3 9 2019-11-21 20:09:42
Expiration2020-04-28Open Time08:20
Close Time13:05
Want to analyze PLATINUM Apr 2020 PL.J20 or another symbol? Try our Free Future Trend Analysis Report.