Future Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
FREIGHT ROUTE TD20 (BALTIC) Dec 2021 (NYMEX:QT2D.Z21)
Crossroads (-60) - QT2D.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT2D.Z21
The long-term trend has been DOWN since Jun 8th, 2021 at 10.4895
The intermediate-term trend has been UP since Oct 4th, 2021 at 9.9080
The short-term trend has been UP since Sep 23rd, 2021 at 9.8690
Smart Scan Analysis for QT2D.Z21
Based on our trend formula, QT2D.Z21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).