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.
MarketClub’s Trade Triangles for QFRC.M22
The long-term trend has been UP since Oct 5th, 2021 at 17.537
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.M22
Based on our trend formula, QFRC.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).