Forex Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
Palladium Spot (FOREX:XPDUSDO)
Weak Downtrend (-65) - XPDUSDO is showing signs of a strengthening downtrend. Monitor XPDUSDO as it may be building momentum to the downside.
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 DOWN since Aug 18th, 2021 at 2452.59
The intermediate-term trend has been UP since Nov 12th, 2021 at 2126.00
The short-term trend has been DOWN since Nov 19th, 2021 at 2128.36
Smart Scan Analysis for XPDUSDO
Based on our trend formula, XPDUSDO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).