Future Trend Analysis Report
Prepared for you on Saturday, January 16, 2021.
PLATINUM Jan 2021 (NYMEX:QPL.F21)
Long-Term Uptrend (+90) - QPL.F21 is in a strong uptrend that is likely to continue. While QPL.F21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QPL.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPL.F21
The long-term trend has been UP since Jul 22nd, 2020 at 928.0
The intermediate-term trend has been UP since Nov 16th, 2020 at 917.0
The short-term trend has been UP since Jan 14th, 2021 at 1062.9
Smart Scan Analysis for QPL.F21
Based on our trend formula, QPL.F21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1125.3||52wk High Date||2021-01-07|
|52wk Low||596.2||52wk Low Date||2020-03-19|