Future Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
COAL (API 2) CIF ARA Oct 2023 (NYMEX:QMTF.V23)
Bull Market Weakness (+75) - QMTF.V23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMTF.V23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMTF.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.V23
The long-term trend has been UP since Dec 21st, 2020 at 67.95
The intermediate-term trend has been UP since Jul 19th, 2021 at 77.80
The short-term trend has been UP since Aug 24th, 2021 at 85.10
Smart Scan Analysis for QMTF.V23
Based on our trend formula, QMTF.V23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).