Future Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
FREIGHT ROUTE TC14 (BALTIC) May 2022 (NYMEX:QFRC.K22)
Bull Market Weakness (+75) - QFRC.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFRC.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFRC.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRC.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFRC.K22
The long-term trend has been DOWN since Aug 3rd, 2021 at 17.175
The intermediate-term trend has been UP since Sep 16th, 2021 at 17.049
The short-term trend has been UP since Sep 16th, 2021 at 17.049
Smart Scan Analysis for QFRC.K22
Based on our trend formula, QFRC.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).