Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
PALLADIUM DECEMBER 2020 (NYMEX:QPA.Z20)
Countertrend Up (+85) - QPA.Z20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QPA.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPA.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPA.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 2454.6
The short-term trend has been DOWN since Oct 23rd, 2020 at 2393.0
Smart Scan Analysis for QPA.Z20
Based on our trend formula, QPA.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2725.7||52wk High Date||2020-02-19|
|52wk Low||1350||52wk Low Date||2020-03-17|