Future Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
PALLADIUM Dec 2019 (NYMEX:PA.Z19)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 PA.Z19
The long term trend has been UP since Jun 27th, 2019 at 1541.2
The intermediate term trend has been UP since Nov 27th, 2019 at 1793.8
The short term trend has been UP since Nov 14th, 2019 at 1681.7
Smart Scan Analysis for PA.Z19
Based on a pre-defined weighted trend formula for chart analysis, PA.Z19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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