Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
PLATINUM May 2021 (NYMEX:QPL.K21)
Bull Market Weakness (+75) - QPL.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QPL.K21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QPL.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPL.K21
The long-term trend has been DOWN since Feb 25th, 2021 at 1259.2
The intermediate-term trend has been UP since Apr 6th, 2021 at 1233.1
The short-term trend has been UP since Apr 15th, 2021 at 1194.5
Smart Scan Analysis for QPL.K21
Based on our trend formula, QPL.K21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1254.8||52wk High Date||2021-04-27|
|52wk Low||1128.4||52wk Low Date||2021-03-05|