Future Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
PALLADIUM Dec 2020 (NYMEX:PA.Z20)
Strong Uptrend (+100) - PA.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PA.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid PA.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PA.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PA.Z20
The long-term trend has been UP since Jul 21st, 2020 at 2180.0
The intermediate-term trend has been UP since Oct 9th, 2020 at 2438.0
The short-term trend has been UP since Oct 16th, 2020 at 2368.6
Smart Scan Analysis for PA.Z20
Based on our trend formula, PA.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).