p1 = {Sin[t], Cos[t]}; p2 = {Cos[3 t], Sin[2 t]};
tAtMin = ArgMax[{EuclideanDistance[p1, p2]^2, 0 <= t <= 2 Pi}, t]
tAtMax = ArgMin[{EuclideanDistance[p1, p2]^2, 0 <= t <= 2 Pi}, t]
ParametricPlot[{p1, p2}, {t, 0, 2 Pi},
Epilog -> {PointSize[0.02],
Red, Thick, Dashed, Through[{Point, Line}[{p1, p2} /. t -> tAtMax]],
Darker@Green, Thick, Dashed, Through[{Point, Line}[{p1, p2} /. t -> tAtMin]]
}
]
Here's a way to visualize the evolution of the distance as $t$ varies:
Animate[
Show[{
ParametricPlot[{p1, p2}, {t, 0, 2 Pi},
Epilog -> {PointSize[0.02],
Red, Thick, Dashed,
Through[{Point, Line}[{p1, p2} /. t -> tAtMax]],
Darker@Green, Thick, Dashed, Through[{Point, Line}[{p1, p2} /. t -> tAtMin]]
}
],
Graphics[{
Thick, Gray, Dashed, PointSize[0.02],
Through[{Point, Line}[{{Sin[x], Cos[x]}, {Cos[3 x], Sin[2 x]}}]]
}]
}],
{x, 0, 2 Pi},
AnimationRate -> .05
]