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Future Trend Analysis Report

Prepared for you on Saturday, September 26, 2020.

FREIGHT ROUTE TC12 (BALTIC) SEPTEMBER 2020 (NYMEX:QFRS.U20)

Long-Term Downtrend (-90) - QFRS.U20 is in a strong downtrend that is likely to continue. While QFRS.U20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QFRS.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFRS.U20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QFRS.U20
Open High Low QFRS.U20 Price Change
16.7548 16.7548 16.7548 16.7548 0.0000
Entry Signal

MarketClub’s Trade Triangles for QFRS.U20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QFRS.U20

Based on our trend formula, QFRS.U20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QFRS.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.7548 16.7548 16.7548 16.7548 0.0000
Prev. Close Volume Bid Ask Time
17.4068 0 2020-09-25 00:00:00
Volatility53.41Expiration2020-09-30
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