Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
FREIGHT ROUTE TD20 (BALTIC) Oct 2021 (NYMEX:QT2D.V21)
Weak Downtrend (-65) - QT2D.V21 is showing signs of a strengthening downtrend. Monitor QT2D.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QT2D.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT2D.V21
The long-term trend has been DOWN since May 5th, 2021 at 10.029
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 8.050
The short-term trend has been DOWN since Oct 4th, 2021 at 8.130
Smart Scan Analysis for QT2D.V21
Based on our trend formula, QT2D.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).