Future Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
COAL (API 2) CIF ARA OCTOBER 2022 (NYMEX:QMTF.V22)
Countertrend Up (+85) - QMTF.V22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QMTF.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.V22
The long-term trend has been UP since Dec 4th, 2020 at 64.35
The intermediate-term trend has been UP since Feb 24th, 2021 at 67.25
The short-term trend has been DOWN since Sep 21st, 2021 at 113.15
Smart Scan Analysis for QMTF.V22
Based on our trend formula, QMTF.V22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).