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Future Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

PLATINUM Apr 2022 (NYMEX:PL.J22)

Sidelines Mode (-55) - PL.J22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1039.3 1060.4 1039.3 1055.0 +16.3
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 up The intermediate-term trend has been UP since Oct 8th, 2021 at 1008.8

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 1044.8

Smart Scan Analysis for PL.J22

Based on our trend formula, PL.J22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PL.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1039.3 1060.4 1039.3 1055.0 +16.3
Prev. Close Volume Bid Ask Time
1038.7 56 2021-10-19 07:26:18
Expiration2022-04-27Open Time08:20
Close Time13:05
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