Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
COAL (API 2) CIF ARA Feb 2023 (NYMEX:QMTF.G23)
Sidelines Mode (+55) - QMTF.G23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QMTF.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.G23
The long-term trend has been UP since Dec 9th, 2020 at 65.5
The intermediate-term trend has been UP since Feb 24th, 2021 at 66.6
The short-term trend has been DOWN since Sep 22nd, 2021 at 103.4
Smart Scan Analysis for QMTF.G23
Based on our trend formula, QMTF.G23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).