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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

FREIGHT ROUTE TD25 (BALTIC) AUGUST 2023 (NYMEX:QAEB.Q23)

Long-Term Downtrend (-90) - QAEB.Q23 is in a strong downtrend that is likely to continue. While QAEB.Q23 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 QAEB.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QAEB.Q23.

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

NYMEX_QAEB.Q23
Open High Low QAEB.Q23 Price Change
27.4 27.4 27.4 27.4 0.0
Entry Signal

MarketClub’s Trade Triangles for QAEB.Q23

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 19.100

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2021 at 19.350

short term down The short-term trend has been DOWN since Aug 9th, 2021 at 18.525

Smart Scan Analysis for QAEB.Q23

Based on our trend formula, QAEB.Q23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QAEB.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.4 27.4 27.4 27.4 0.0
Prev. Close Volume Bid Ask Time
27.4 0 2022-06-29 00:00:00
Volatility19.19Expiration2023-08-31
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