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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.

NYMEX_QFRS.M22
Open High Low QFRS.M22 Price Change
78.6881 78.6881 78.6881 78.6881 0.0000
Entry Signal

MarketClub’s Trade Triangles for QFRS.M22

long term up The long-term trend has been UP since May 19th, 2021 at 22.858

intermediate term up The intermediate-term trend has been UP since Sep 1st, 2021 at 23.867

short term up 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).

+90
Smart Scan Analysis for QFRS.M22
Strong Downtrend Sideways 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
Volatility43.48Expiration2022-06-30
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