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Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
FREIGHT ROUTE TC12 (BALTIC) JUNE 2022 (NYMEX:QFRS.M22)
Long-Term Uptrend (+90) - QFRS.M22 is in a strong uptrend that is likely to continue. While QFRS.M22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QFRS.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRS.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QFRS.M22
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 UP since Sep 30th, 2021 at 23.819
Smart Scan Analysis for QFRS.M22
Based on our trend formula, QFRS.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 78.6881 | 78.6881 | 78.6881 | 78.6881 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 78.6881 | 0 | 2022-06-27 00:00:00 |
| Volatility | 43.48 | Expiration | 2022-06-30 |