Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
FREIGHT ROUTE TD20 (BALTIC) JANUARY 2024 (NYMEX:QT2D.F24)
Countertrend Up (+85) - QT2D.F24 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 QT2D.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT2D.F24
The long-term trend has been UP since Sep 24th, 2021 at 10.382
The intermediate-term trend has been UP since Sep 24th, 2021 at 10.214
The short-term trend has been UP since Sep 24th, 2021 at 10.185
Smart Scan Analysis for QT2D.F24
Based on our trend formula, QT2D.F24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).