Future Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
COAL (API4) FOB RICHARDS BAY (ARGUS-MCC) Oct 2023 (NYMEX:QMFF.V23)
Bear Market Rally (-75) - QMFF.V23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMFF.V23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QMFF.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFF.V23
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.V23
Based on our trend formula, QMFF.V23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).