Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
FREIGHT ROUTE TC17 (BALTIC) OCTOBER 2021 (NYMEX:QT7C.V21)
Strong Uptrend (+100) - QT7C.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QT7C.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QT7C.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT7C.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT7C.V21
The long-term trend has been UP since Oct 5th, 2021 at 18.531
The intermediate-term trend has been UP since Sep 29th, 2021 at 18.039
The short-term trend has been UP since Sep 29th, 2021 at 18.006
Smart Scan Analysis for QT7C.V21
Based on our trend formula, QT7C.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).