Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
FREIGHT ROUTE TC6 (BALTIC) MAY 2023 (NYMEX:QTC6.K23)
Countertrend Up (+85) - QTC6.K23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QTC6.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC6.K23
The long-term trend has been UP since Jun 16th, 2021 at 9.898
The intermediate-term trend has been UP since Jun 16th, 2021 at 9.898
The short-term trend has been UP since Aug 19th, 2021 at 9.915
Smart Scan Analysis for QTC6.K23
Based on our trend formula, QTC6.K23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).