Future Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
FREIGHT ROUTE TC15 (BALTIC) Jan 2022 (NYMEX:QT5C.F22)
Long-Term Downtrend (-90) - QT5C.F22 is in a strong downtrend that is likely to continue. While QT5C.F22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QT5C.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT5C.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT5C.F22
The long-term trend has been DOWN since Jul 30th, 2021 at 27.35
The intermediate-term trend has been DOWN since Dec 31st, 2020 at 27.60
The short-term trend has been DOWN since Nov 17th, 2020 at 27.75
Smart Scan Analysis for QT5C.F22
Based on our trend formula, QT5C.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).