Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
FREIGHT ROUTE TC12 (BALTIC) May 2023 (NYMEX:QFRS.K23)
Strong Uptrend (+100) - QFRS.K23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QFRS.K23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QFRS.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRS.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFRS.K23
The long-term trend has been UP since Jun 7th, 2021 at 23.934
The intermediate-term trend has been UP since Jun 7th, 2021 at 23.934
The short-term trend has been UP since Jun 7th, 2021 at 23.934
Smart Scan Analysis for QFRS.K23
Based on our trend formula, QFRS.K23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).