Forex Trend Analysis Report
Prepared for you on Saturday, March 24, 2018.
Palladium Spot (FOREX:XPDUSDO)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 DOWN since Mar 12th, 2018 at 960.50
The intermediate term trend has been DOWN since Mar 12th, 2018 at 967.00
The short term trend has been DOWN since Mar 20th, 2018 at 985.89
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).