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Future Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

PLATINUM Oct 2020 (NYMEX:PL.V20)

Sidelines Mode (-55) - PL.V20 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.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.V20.

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

NYMEX_PL.V20
Open High Low PL.V20 Price Change
724.0 725.9 713.5 725.9 -4.1
Entry Signal

MarketClub’s Trade Triangles for PL.V20

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 882.3

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 966.0

short term up The short-term trend has been UP since Apr 2nd, 2020 at 726.6

Smart Scan Analysis for PL.V20

Based on our trend formula, PL.V20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PL.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
724.0 725.9 713.5 725.9 -4.1
Prev. Close Volume Bid Ask Time
724.0 285 2020-04-03 16:54:04
Expiration2020-10-28Open Time18:00
Close Time17:00
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