Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
FREIGHT ROUTE TD20 (BALTIC) FEBRUARY 2024 (NYMEX:QT2D.G24)
Bull Market Weakness (+75) - QT2D.G24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QT2D.G24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QT2D.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT2D.G24
The long-term trend has been UP since Sep 29th, 2021 at 10.382
The intermediate-term trend has been UP since Sep 29th, 2021 at 10.214
The short-term trend has been UP since Sep 29th, 2021 at 10.214
Smart Scan Analysis for QT2D.G24
Based on our trend formula, QT2D.G24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).