Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
FREIGHT ROUTE TC12 (BALTIC) May 2022 (NYMEX:QFRS.K22)
Bull Market Weakness (+75) - QFRS.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFRS.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFRS.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRS.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFRS.K22
The long-term trend has been UP since May 19th, 2021 at 22.858
The intermediate-term trend has been UP since Sep 1st, 2021 at 23.867
The short-term trend has been DOWN since Sep 8th, 2021 at 23.853
Smart Scan Analysis for QFRS.K22
Based on our trend formula, QFRS.K22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).