Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
FREIGHT ROUTE TD20 (BALTIC) NOVEMBER 2021 (NYMEX:QT2D.X21)
Sidelines Mode (+50) - QT2D.X21 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QT2D.X21 can gain momentum.
Is it time to buy, sell, or avoid QT2D.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT2D.X21
The long-term trend has been DOWN since Jun 3rd, 2021 at 10.041
The intermediate-term trend has been UP since Sep 23rd, 2021 at 8.996
The short-term trend has been UP since Sep 23rd, 2021 at 8.809
Smart Scan Analysis for QT2D.X21
Based on our trend formula, QT2D.X21 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).