Future Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
COAL (API4) FOB RICHARDS BAY (ARGUS-MCC) SEPTEMBER 2023 (NYMEX:QMFF.U23)
Bear Market Rally (-75) - QMFF.U23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMFF.U23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QMFF.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFF.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 QMFF.U23
Based on our trend formula, QMFF.U23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).