Futopt Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
PALLADIUM DECEMBER 2020 CALL 1540 (NYMEX:QPA.Z20.1540C)
Strong Downtrend (-100) - QPA.Z20.1540C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QPA.Z20.1540C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPA.Z20.1540C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPA.Z20.1540C
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QPA.Z20.1540C
Based on our trend formula, QPA.Z20.1540C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).