Forex Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Palladium Spot (FOREX:XPDUSDO)
Countertrend Up (+85) - XPDUSDO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid XPDUSDO?
MarketClub looks at technical strength and momentum to determine if the timing is right for XPDUSDO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XPDUSDO
The long-term trend has been UP since Sep 3rd, 2020 at 2337.00
The intermediate-term trend has been UP since Sep 15th, 2020 at 2381.50
The short-term trend has been DOWN since Sep 17th, 2020 at 2307.29
Smart Scan Analysis for XPDUSDO
Based on our trend formula, XPDUSDO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).