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Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

FREIGHT ROUTE TC18 (BALTIC) Oct 2022 (NYMEX:QT8C.V22)

Strong Downtrend (-100) - QT8C.V22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QT8C.V22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QT8C.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QT8C.V22.

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

NYMEX_QT8C.V22
Open High Low QT8C.V22 Price Change
24.668 24.668 24.668 24.668 0.000
Entry Signal

MarketClub’s Trade Triangles for QT8C.V22

long term down The long-term trend has been DOWN since Sep 3rd, 2021 at 24.917

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2021 at 25.470

short term down The short-term trend has been DOWN since Sep 3rd, 2021 at 24.951

Smart Scan Analysis for QT8C.V22

Based on our trend formula, QT8C.V22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QT8C.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.668 24.668 24.668 24.668 0.000
Prev. Close Volume Bid Ask Time
24.668 0 2022-01-24 00:00:00
Volatility3.38Expiration2022-10-31
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