Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Palladium Spot (FOREX:XPDUSDO)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for XPDUSDO
The long term trend has been UP since Sep 19th, 2018 at 1031.500
The intermediate term trend has been UP since Nov 15th, 2018 at 1149.055
The short term trend has been UP since Jan 27th, 2019 at 1366.180
Smart Scan Analysis for XPDUSDO
Based on a pre-defined weighted trend formula for chart analysis, XPDUSDO scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).