Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
COAL (API 4) FOB RICHARDS BAY OCTOBER 2021 (NYMEX:QMFF.V21)
Strong Uptrend (+100) - QMFF.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QMFF.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QMFF.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFF.V21
The long-term trend has been UP since Nov 24th, 2020 at 68.3
The intermediate-term trend has been UP since Feb 23rd, 2021 at 78.0
The short-term trend has been UP since Aug 23rd, 2021 at 141.2
Smart Scan Analysis for QMFF.V21
Based on our trend formula, QMFF.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).