Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
PALLADIUM Jun 2020 (NYMEX:PA.M20)
Bear Market Rally (-75) - PA.M20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PA.M20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PA.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PA.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PA.M20
The long-term trend has been DOWN since Mar 12th, 2020 at 1786.3
The intermediate-term trend has been UP since May 17th, 2020 at 2004.8
The short-term trend has been DOWN since May 22nd, 2020 at 2052.0
Smart Scan Analysis for PA.M20
Based on our trend formula, PA.M20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).