Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
PALLADIUM Dec 2021 (NYMEX:PA.Z21)
Long-Term Downtrend (-90) - PA.Z21 is in a strong downtrend that is likely to continue. While PA.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for PA.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PA.Z21
The long-term trend has been DOWN since May 21st, 2021 at 2800
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 1986
The short-term trend has been DOWN since Nov 18th, 2021 at 2141
Smart Scan Analysis for PA.Z21
Based on our trend formula, PA.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).