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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.

NYMEX_QFRC.K22
Open High Low QFRC.K22 Price Change
38.2801 38.2801 38.2801 38.2801 0.0000
Entry Signal

MarketClub’s Trade Triangles for QFRC.K22

long term down The long-term trend has been DOWN since Aug 3rd, 2021 at 17.175

intermediate term up The intermediate-term trend has been UP since Sep 16th, 2021 at 17.049

short term up 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).

+70
Smart Scan Analysis for QFRC.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.2801 38.2801 38.2801 38.2801 0.0000
Prev. Close Volume Bid Ask Time
38.2801 0 2022-05-18 00:00:00
Volatility68.92Expiration2022-05-31
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