Future Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
FREIGHT ROUTE TC18 (BALTIC) SEPTEMBER 2022 (NYMEX:QT8C.U22)
Sidelines Mode (+55) - QT8C.U22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QT8C.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT8C.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT8C.U22
The long-term trend has been UP since Aug 31st, 2021 at 24.050
The intermediate-term trend has been UP since Aug 31st, 2021 at 24.050
The short-term trend has been DOWN since Sep 15th, 2021 at 24.121
Smart Scan Analysis for QT8C.U22
Based on our trend formula, QT8C.U22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).