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.
MarketClub’s Trade Triangles for QPL.V20
The long-term trend has been DOWN since Feb 28th, 2020 at 882.3
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 966.0
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).
|52wk High||1054.6||52wk High Date||2020-01-16|
|52wk Low||561.3||52wk Low Date||2020-03-16|