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Future Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

FREIGHT ROUTE TC14 (BALTIC) JUNE 2022 (NYMEX:QFRC.M22)

Countertrend Up (+85) - QFRC.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QFRC.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFRC.M22.

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

NYMEX_QFRC.M22
Open High Low QFRC.M22 Price Change
43.9475 43.9475 43.9475 43.9475 0.0000
Entry Signal

MarketClub’s Trade Triangles for QFRC.M22

long term up The long-term trend has been UP since Oct 5th, 2021 at 17.537

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.M22

Based on our trend formula, QFRC.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QFRC.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.9475 43.9475 43.9475 43.9475 0.0000
Prev. Close Volume Bid Ask Time
43.9475 0 2022-06-30 00:00:00
Volatility77.38Expiration2022-06-30
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