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Future Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
PALLADIUM Jun 2022 (NYMEX:PA.M22)
Long-Term Downtrend (-90) - PA.M22 is in a strong downtrend that is likely to continue. While PA.M22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PA.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for PA.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PA.M22
The long-term trend has been DOWN since May 6th, 2022 at 2122
The intermediate-term trend has been DOWN since Mar 25th, 2022 at 2350
The short-term trend has been DOWN since May 20th, 2022 at 1975
Smart Scan Analysis for PA.M22
Based on our trend formula, PA.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1978.5 | 2017.0 | 1951.0 | 1990.5 | +7.5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1983.0 | 868 | 2022-05-20 09:23:54 |
| Expiration | 2022-06-28 | Open Time | 08:30 |
| Close Time | 13:00 |