Future Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
PALLADIUM Dec 2022 (NYMEX:PA.Z22)
Weak Downtrend (-65) - PA.Z22 is showing signs of a strengthening downtrend. Monitor PA.Z22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PA.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for PA.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PA.Z22
The long-term trend has been DOWN since Nov 3rd, 2022 at 1838.0
The intermediate-term trend has been UP since Nov 15th, 2022 at 2064.5
The short-term trend has been DOWN since Nov 17th, 2022 at 2020.0
Smart Scan Analysis for PA.Z22
Based on our trend formula, PA.Z22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).