Future Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
PLATINUM Apr 2020 (NYMEX:PL.J20)
Bull Market Weakness (+75) - PL.J20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PL.J20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.J20
The long-term trend has been UP since Jun 2nd, 2019 at 816.5
The intermediate-term trend has been UP since Dec 10th, 2019 at 926.1
The short-term trend has been UP since Feb 13th, 2020 at 975.1
Smart Scan Analysis for PL.J20
Based on our trend formula, PL.J20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).