Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
FREIGHT ROUTE LPG (BLPG3) (BALTIC) May 2022 (NYMEX:QFLJ.K22)
Countertrend Down (-85) - QFLJ.K22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QFLJ.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFLJ.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFLJ.K22
The long-term trend has been DOWN since May 27th, 2021 at 91.0
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 92.0
The short-term trend has been UP since Oct 4th, 2021 at 83.5
Smart Scan Analysis for QFLJ.K22
Based on our trend formula, QFLJ.K22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).