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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

PLATINUM OCTOBER 2020 (NYMEX:QPL.V20)

Long-Term Downtrend (-90) - QPL.V20 is in a strong downtrend that is likely to continue. While QPL.V20 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 QPL.V20?

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

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

NYMEX_QPL.V20
Open High Low QPL.V20 Price Change
739.7 750.0 737.0 747.3 +14.9
Entry Signal

MarketClub’s Trade Triangles for QPL.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 down The short-term trend has been DOWN since Mar 13th, 2020 at 863.0

Smart Scan Analysis for QPL.V20

Based on our trend formula, QPL.V20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QPL.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
739.7 750.0 737.0 747.3 +14.9
Prev. Close Volume Bid Ask Time
732.4 485 736.1 737.6 2020-04-07 13:17:13
52wk High1054.652wk High Date2020-01-16
52wk Low561.352wk Low Date2020-03-16
Volatility46.51Expiration2020-10-28
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