Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Palladium Spot (FOREX:XPDUSDO)
Sidelines Mode (+55) - XPDUSDO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Sep 3rd, 2020 at 2337.000
The intermediate-term trend has been UP since Feb 14th, 2021 at 2400.250
The short-term trend has been DOWN since Mar 4th, 2021 at 2333.805
Smart Scan Analysis for XPDUSDO
Based on our trend formula, XPDUSDO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).