Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
FREIGHT ROUTE TC12 (BALTIC) SEPTEMBER 2022 (NYMEX:QFRS.U22)
Bull Market Weakness (+75) - QFRS.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFRS.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFRS.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRS.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFRS.U22
The long-term trend has been UP since Apr 12th, 2021 at 24.258
The intermediate-term trend has been UP since Jun 1st, 2021 at 23.794
The short-term trend has been UP since Aug 26th, 2021 at 24.606
Smart Scan Analysis for QFRS.U22
Based on our trend formula, QFRS.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).