Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
Palladium/US Dollar (FOREX:XPDUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 XPDUSD
The long term trend has been UP since Sep 19th, 2018 at 1031
The intermediate term trend has been DOWN since Mar 27th, 2019 at 1509
The short term trend has been UP since Apr 17th, 2019 at 1378
Smart Scan Analysis for XPDUSD
Based on a pre-defined weighted trend formula for chart analysis, XPDUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).