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Future Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

PLATINUM Jul 2020 (NYMEX:PL.N20)

Strong Uptrend (+100) - PL.N20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PL.N20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid PL.N20?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.N20.

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

NYMEX_PL.N20
Open High Low PL.N20 Price Change
954.6 979.4 942.9 979.4 +24.1
Entry Signal

MarketClub’s Trade Triangles for PL.N20

long term up The long-term trend has been UP since Jul 22nd, 2020 at 937.1

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2020 at 849.7

short term up The short-term trend has been UP since Jul 21st, 2020 at 843.8

Smart Scan Analysis for PL.N20

Based on our trend formula, PL.N20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for PL.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
954.6 979.4 942.9 979.4 +24.1
Prev. Close Volume Bid Ask Time
820.4 143 2020-07-28 12:59:55
Expiration2020-07-29Open Time18:00
Close Time17:00
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