Forex Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
Palladium Spot (FOREX:XPDUSDO)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for XPDUSDO
The long term trend has been UP since Sep 19th, 2018 at 1031.500
The intermediate term trend has been UP since Nov 15th, 2018 at 1149.055
The short term trend has been UP since Nov 27th, 2018 at 1154.450
Smart Scan Analysis for XPDUSDO
Based on a pre-defined weighted trend formula for chart analysis, XPDUSDO scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).