Future Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
PALLADIUM Dec 2019 (NYMEX:PA.Z19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.Z19
The long term trend has been UP since Jun 27th, 2019 at 1541.2
The intermediate term trend has been DOWN since Jul 19th, 2019 at 1508.1
The short term trend has been DOWN since Aug 14th, 2019 at 1414.7
Smart Scan Analysis for PA.Z19
Based on a pre-defined weighted trend formula for chart analysis, PA.Z19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||17:00|