Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
FREIGHT ROUTE LPG (BLPG3) (BALTIC) Oct 2021 (NYMEX:QFLJ.V21)
Sidelines Mode (-55) - QFLJ.V21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QFLJ.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFLJ.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFLJ.V21
The long-term trend has been DOWN since Sep 7th, 2021 at 87.0
The intermediate-term trend has been DOWN since Aug 24th, 2021 at 92.5
The short-term trend has been UP since Sep 20th, 2021 at 81.5
Smart Scan Analysis for QFLJ.V21
Based on our trend formula, QFLJ.V21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).