Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
FREIGHT ROUTE TC14 (BALTIC) Oct 2021 (NYMEX:QFRC.V21)
Crossroads (-60) - QFRC.V21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QFRC.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRC.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFRC.V21
The long-term trend has been DOWN since Jun 4th, 2021 at 18.899
The intermediate-term trend has been UP since Sep 28th, 2021 at 13.470
The short-term trend has been UP since Sep 20th, 2021 at 13.109
Smart Scan Analysis for QFRC.V21
Based on our trend formula, QFRC.V21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).