Future Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
PLATINUM Jul 2024 (NYMEX:QPL.N24)
Sidelines Mode (+50) - QPL.N24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QPL.N24 can gain momentum.
Is it time to buy, sell, or avoid QPL.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPL.N24
The long-term trend has been DOWN since May 24th, 2023 at 1073.4
The intermediate-term trend has been UP since Nov 22nd, 2023 at 948.4
The short-term trend has been UP since Nov 16th, 2023 at 907.7
Smart Scan Analysis for QPL.N24
Based on our trend formula, QPL.N24 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1033.3||52wk High Date||2023-06-01|
|52wk Low||857.6||52wk Low Date||2023-11-10|