Future Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
PALLADIUM Sep 2023 (NYMEX:PA.U23)
Bear Market Rally (-75) - PA.U23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PA.U23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PA.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for PA.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PA.U23
The long-term trend has been DOWN since Dec 19th, 2022 at 1739.0
The intermediate-term trend has been DOWN since Aug 16th, 2023 at 1217.5
The short-term trend has been UP since Sep 19th, 2023 at 1209.0
Smart Scan Analysis for PA.U23
Based on our trend formula, PA.U23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).