Future Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
FREIGHT ROUTE TC15 (BALTIC) JUNE 2022 (NYMEX:QT5C.M22)
Long-Term Uptrend (+90) - QT5C.M22 is in a strong uptrend that is likely to continue. While QT5C.M22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QT5C.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT5C.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT5C.M22
The long-term trend has been UP since Jan 29th, 2021 at 26.3750
The intermediate-term trend has been UP since Jan 29th, 2021 at 25.7167
The short-term trend has been UP since Jan 29th, 2021 at 25.7167
Smart Scan Analysis for QT5C.M22
Based on our trend formula, QT5C.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).