Future Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
FREIGHT ROUTE TD22 (BALTIC) JULY 2023 (NYMEX:QACB.N23)
Crossroads (-60) - QACB.N23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QACB.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QACB.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QACB.N23
The long-term trend has been DOWN since Aug 19th, 2021 at 23.018
The intermediate-term trend has been UP since Sep 27th, 2021 at 22.872
The short-term trend has been UP since Sep 27th, 2021 at 22.870
Smart Scan Analysis for QACB.N23
Based on our trend formula, QACB.N23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).