Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
PLATINUM NOVEMBER 2020 (NYMEX:QPL.X20)
Bull Market Weakness (+75) - QPL.X20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QPL.X20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QPL.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPL.X20
The long-term trend has been DOWN since Sep 21st, 2020 at 891.1
The intermediate-term trend has been UP since Oct 23rd, 2020 at 912.9
The short-term trend has been UP since Oct 20th, 2020 at 865.2
Smart Scan Analysis for QPL.X20
Based on our trend formula, QPL.X20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||965.6||52wk High Date||2020-09-14|
|52wk Low||838.8||52wk Low Date||2020-09-24|