Future Trend Analysis Report
Prepared for you on Saturday, August 15, 2020.
PALLADIUM Sep 2020 (NYMEX:PA.U20)
Sidelines Mode (+55) - PA.U20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PA.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PA.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PA.U20
The long-term trend has been UP since Jul 21st, 2020 at 2206.4
The intermediate-term trend has been UP since Jul 9th, 2020 at 1957.0
The short-term trend has been DOWN since Aug 7th, 2020 at 2157.0
Smart Scan Analysis for PA.U20
Based on our trend formula, PA.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).