Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
FREIGHT ROUTE TC18 (BALTIC) Apr 2024 (NYMEX:QT8C.J24)
Long-Term Uptrend (+90) - QT8C.J24 is in a strong uptrend that is likely to continue. While QT8C.J24 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 QT8C.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT8C.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT8C.J24
The long-term trend has been UP since May 17th, 2021 at 24.303
The intermediate-term trend has been UP since May 17th, 2021 at 24.303
The short-term trend has been UP since May 17th, 2021 at 24.303
Smart Scan Analysis for QT8C.J24
Based on our trend formula, QT8C.J24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).