Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
PLATINUM Jul 2022 (NYMEX:PL.N22)
Weak Downtrend (-65) - PL.N22 is showing signs of a strengthening downtrend. Monitor PL.N22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PL.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.N22
The long-term trend has been UP since Nov 10th, 2021 at 1080.0
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 1026.6
The short-term trend has been DOWN since Nov 26th, 2021 at 970.9
Smart Scan Analysis for PL.N22
Based on our trend formula, PL.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).