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Future Trend Analysis Report

Prepared for you on Thursday, June 17, 2021.

PLATINUM Apr 2022 (NYMEX:PL.J22)

Long-Term Downtrend (-90) - PL.J22 is in a strong downtrend that is likely to continue. While PL.J22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PL.J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.J22.

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

NYMEX_PL.J22
Open High Low PL.J22 Price Change
1130.7 1136.2 1060.0 1073.7 -55.5
Entry Signal

MarketClub’s Trade Triangles for PL.J22

long term down The long-term trend has been DOWN since Jun 3rd, 2021 at 1170.0

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2021 at 1229.1

short term down The short-term trend has been DOWN since Jun 16th, 2021 at 1159.1

Smart Scan Analysis for PL.J22

Based on our trend formula, PL.J22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PL.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1130.7 1136.2 1060.0 1073.7 -55.5
Prev. Close Volume Bid Ask Time
1129.2 122 2021-06-17 15:51:37
Expiration2022-04-27Open Time18:00
Close Time17:00
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