Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
FREIGHT ROUTE TD20 (BALTIC) Jan 2022 (NYMEX:QT2D.F22)
Countertrend Down (-85) - QT2D.F22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QT2D.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT2D.F22
The long-term trend has been DOWN since Jul 6th, 2021 at 10.387
The intermediate-term trend has been DOWN since May 11th, 2021 at 10.631
The short-term trend has been UP since Sep 22nd, 2021 at 9.152
Smart Scan Analysis for QT2D.F22
Based on our trend formula, QT2D.F22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).