Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
COAL (API 4) FOB RICHARDS BAY JULY 2022 (NYMEX:QMFF.N22)
Long-Term Uptrend (+90) - QMFF.N22 is in a strong uptrend that is likely to continue. While QMFF.N22 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.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFF.N22
The long-term trend has been UP since Nov 25th, 2020 at 69.8
The intermediate-term trend has been UP since Apr 16th, 2021 at 84.1
The short-term trend has been UP since Aug 23rd, 2021 at 112.1
Smart Scan Analysis for QMFF.N22
Based on our trend formula, QMFF.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).