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Future Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

FREIGHT ROUTE TD22 (BALTIC) Mar 2020 (NYMEX:QACB.H20)

Long-Term Downtrend (-90) - QACB.H20 is in a strong downtrend that is likely to continue. While QACB.H20 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 QACB.H20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QACB.H20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QACB.H20
Open High Low QACB.H20 Price Change
46.5395 46.5395 46.5395 46.5395 0.0000
Entry Signal

MarketClub’s Trade Triangles for QACB.H20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QACB.H20

Based on our trend formula, QACB.H20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QACB.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.5395 46.5395 46.5395 46.5395 0.0000
Prev. Close Volume Bid Ask Time
46.5395 0 2020-04-02 00:00:00
Volatility99.16Expiration2020-03-31
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