Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

PLATINUM Jul 2021 (NYMEX:PL.N21)

Sidelines Mode (+55) - PL.N21 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.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.N21.

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

NYMEX_PL.N21
Open High Low PL.N21 Price Change
1211.0 1212.8 1200.6 1203.8 -9.8
Entry Signal

MarketClub’s Trade Triangles for PL.N21

long term up The long-term trend has been UP since Jul 21st, 2020 at 850.0

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 890.0

short term down The short-term trend has been DOWN since Feb 19th, 2021 at 1244.5

Smart Scan Analysis for PL.N21

Based on our trend formula, PL.N21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PL.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1211.0 1212.8 1200.6 1203.8 -9.8
Prev. Close Volume Bid Ask Time
1213.6 2602 2021-03-02 21:21:10
Expiration2021-07-28Open Time08:20
Close Time13:05
Get a free daily analysis and signals for PLATINUM Jul 2021 (PL.N21) - Request Your Free Report.