Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
COAL (API 4) FOB RICHARDS BAY Jan 2022 (NYMEX:QMFF.F22)
Long-Term Uptrend (+90) - QMFF.F22 is in a strong uptrend that is likely to continue. While QMFF.F22 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 QMFF.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFF.F22
The long-term trend has been UP since Nov 24th, 2020 at 68.85
The intermediate-term trend has been UP since Feb 23rd, 2021 at 77.80
The short-term trend has been UP since Aug 23rd, 2021 at 135.95
Smart Scan Analysis for QMFF.F22
Based on our trend formula, QMFF.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).