Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
FREIGHT ROUTE TC18 (BALTIC) Jan 2022 (NYMEX:QT8C.F22)
Sidelines Mode (-50) - QT8C.F22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QT8C.F22 can gain momentum.
Is it time to buy, sell, or avoid QT8C.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT8C.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT8C.F22
The long-term trend has been UP since May 17th, 2021 at 24.507
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 25.878
The short-term trend has been DOWN since Aug 31st, 2021 at 26.010
Smart Scan Analysis for QT8C.F22
Based on our trend formula, QT8C.F22 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).