Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Palladium Spot (FOREX:XPDUSDO)
Bear Market Rally (-75) - XPDUSDO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XPDUSDO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid XPDUSDO?
MarketClub looks at technical strength and momentum to determine if the timing is right for XPDUSDO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XPDUSDO
The long-term trend has been DOWN since Aug 18th, 2021 at 2452.590
The intermediate-term trend has been UP since Oct 11th, 2021 at 2086.500
The short-term trend has been DOWN since Oct 26th, 2021 at 1993.575
Smart Scan Analysis for XPDUSDO
Based on our trend formula, XPDUSDO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).