Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
FREIGHT ROUTE SO KOREA TO SINGAPORE TC11 Sep 2022 (NYMEX:QTC1.U22)
Long-Term Downtrend (-90) - QTC1.U22 is in a strong downtrend that is likely to continue. While QTC1.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTC1.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC1.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC1.U22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QTC1.U22
Based on our trend formula, QTC1.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).