Future Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
FREIGHT ROUTE TC17 (BALTIC) Dec 2023 (NYMEX:QT7C.Z23)
Bear Market Rally (-75) - QT7C.Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QT7C.Z23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QT7C.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT7C.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT7C.Z23
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.Z23
Based on our trend formula, QT7C.Z23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).