Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
FREIGHT ROUTE TC17 (BALTIC) May 2022 (NYMEX:QT7C.K22)
Bear Market Rally (-75) - QT7C.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QT7C.K22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QT7C.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT7C.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT7C.K22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QT7C.K22
Based on our trend formula, QT7C.K22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).