Futopt Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
COAL (API 2) CIF ARA SWAP OCTOBER 2021 CALL 8500 (NYMEX:QMTF.V21.8500C)
Long-Term Downtrend (-90) - QMTF.V21.8500C is in a strong downtrend that is likely to continue. While QMTF.V21.8500C is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMTF.V21.8500C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.V21.8500C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.V21.8500C
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QMTF.V21.8500C
Based on our trend formula, QMTF.V21.8500C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).