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Future Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

PLATINUM Oct 2023 (NYMEX:PL.V23)

Long-Term Downtrend (-90) - PL.V23 is in a strong downtrend that is likely to continue. While PL.V23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PL.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.V23.

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

NYMEX_PL.V23
Open High Low PL.V23 Price Change
888.6 904.5 884.7 903.5 +15.6
Entry Signal

MarketClub’s Trade Triangles for PL.V23

long term down The long-term trend has been DOWN since Jun 22nd, 2023 at 944.0

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2023 at 893.3

short term down The short-term trend has been DOWN since Sep 25th, 2023 at 924.3

Smart Scan Analysis for PL.V23

Based on our trend formula, PL.V23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PL.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
888.6 904.5 884.7 903.5 +15.6
Prev. Close Volume Bid Ask Time
887.9 2880 2023-09-28 10:35:29
Expiration2023-10-27Open Time18:00
Close Time17:00
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