Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
PALLADIUM Jun 2022 (NYMEX:PA.M22)
Long-Term Uptrend (+90) - PA.M22 is in a strong uptrend that is likely to continue. While PA.M22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PA.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for PA.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PA.M22
The long-term trend has been UP since Jan 26th, 2022 at 2210
The intermediate-term trend has been UP since Dec 22nd, 2021 at 1874
The short-term trend has been UP since Jan 18th, 2022 at 1899
Smart Scan Analysis for PA.M22
Based on our trend formula, PA.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).