Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
COAL (API 4) FOB RICHARDS BAY May 2021 (NYMEX:QMFF.K21)
Long-Term Downtrend (-90) - QMFF.K21 is in a strong downtrend that is likely to continue. While QMFF.K21 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 QMFF.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFF.K21
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 QMFF.K21
Based on our trend formula, QMFF.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).