Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
PALLADIUM Jun 2019 (NYMEX:PA.M19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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 PA.M19
The long term trend has been DOWN since May 9th, 2019 at 1292.5
The intermediate term trend has been DOWN since May 1st, 2019 at 1328.9
The short term trend has been UP since May 24th, 2019 at 1317.9
Smart Scan Analysis for PA.M19
Based on a pre-defined weighted trend formula for chart analysis, PA.M19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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