Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
COAL (API 2) CIF ARA Jan 2024 (NYMEX:QMTF.F24)
Long-Term Downtrend (-90) - QMTF.F24 is in a strong downtrend that is likely to continue. While QMTF.F24 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 QMTF.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.F24
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 QMTF.F24
Based on our trend formula, QMTF.F24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).