Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
FREIGHT ROUTE TD20 (BALTIC) Jul 2022 (NYMEX:QT2D.N22)
Crossroads (-60) - QT2D.N22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QT2D.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT2D.N22
The long-term trend has been DOWN since Jul 19th, 2021 at 9.715
The intermediate-term trend has been UP since Sep 27th, 2021 at 9.332
The short-term trend has been UP since Aug 27th, 2021 at 9.230
Smart Scan Analysis for QT2D.N22
Based on our trend formula, QT2D.N22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).