Future Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
FREIGHT ROUTE TC18 (BALTIC) DECEMBER 2024 (NYMEX:QT8C.Z24)
Bull Market Weakness (+75) - QT8C.Z24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QT8C.Z24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QT8C.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT8C.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT8C.Z24
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.Z24
Based on our trend formula, QT8C.Z24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).