Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
FREIGHT ROUTE TC12 (BALTIC) Sep 2023 (NYMEX:QFRS.U23)
Long-Term Downtrend (-90) - QFRS.U23 is in a strong downtrend that is likely to continue. While QFRS.U23 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.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRS.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFRS.U23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QFRS.U23
Based on our trend formula, QFRS.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).