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Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

FREIGHT ROUTE TC18 (BALTIC) SEPTEMBER 2024 (NYMEX:QT8C.U24)

Long-Term Uptrend (+90) - QT8C.U24 is in a strong uptrend that is likely to continue. While QT8C.U24 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.U24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QT8C.U24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QT8C.U24
Open High Low QT8C.U24 Price Change
25.76 25.76 25.76 25.76 0.00
Entry Signal

MarketClub’s Trade Triangles for QT8C.U24

long term up The long-term trend has been UP since May 17th, 2021 at 24.303

intermediate term up The intermediate-term trend has been UP since May 17th, 2021 at 24.303

short term up The short-term trend has been UP since May 17th, 2021 at 24.303

Smart Scan Analysis for QT8C.U24

Based on our trend formula, QT8C.U24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QT8C.U24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.76 25.76 25.76 25.76 0.00
Prev. Close Volume Bid Ask Time
25.76 0 2022-01-21 00:00:00
Volatility6.28Expiration2024-09-30
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