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.
MarketClub’s Trade Triangles for PL.N20
The long-term trend has been UP since Jul 22nd, 2020 at 937.1
The intermediate-term trend has been UP since Jul 7th, 2020 at 849.7
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).