Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
FREIGHT ROUTE TC12 (BALTIC) NOVEMBER 2021 (NYMEX:QFRS.X21)
Bull Market Weakness (+75) - QFRS.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFRS.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFRS.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRS.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFRS.X21
The long-term trend has been UP since Sep 1st, 2021 at 25.991
The intermediate-term trend has been UP since Aug 6th, 2021 at 23.825
The short-term trend has been UP since Sep 17th, 2021 at 25.512
Smart Scan Analysis for QFRS.X21
Based on our trend formula, QFRS.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).