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Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
FREIGHT ROUTE TD20 (BALTIC) MAY 2022 (NYMEX:QT2D.K22)
Sidelines Mode (+50) - QT2D.K22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QT2D.K22 can gain momentum.
Is it time to buy, sell, or avoid QT2D.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QT2D.K22
The long-term trend has been DOWN since Jul 15th, 2021 at 9.699
The intermediate-term trend has been UP since Sep 27th, 2021 at 9.169
The short-term trend has been UP since Sep 22nd, 2021 at 9.148
Smart Scan Analysis for QT2D.K22
Based on our trend formula, QT2D.K22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.011 | 14.011 | 14.011 | 14.011 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.011 | 0 | 2022-05-26 00:00:00 |
| Volatility | 56.56 | Expiration | 2022-05-31 |