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.
MarketClub’s Trade Triangles for QT8C.V22
The long-term trend has been DOWN since Sep 3rd, 2021 at 24.917
The intermediate-term trend has been DOWN since Jul 6th, 2021 at 25.470
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).