Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
FREIGHT ROUTE TC6 (BALTIC) Jun 2023 (NYMEX:QTC6.M23)
Bull Market Weakness (+75) - QTC6.M23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QTC6.M23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QTC6.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC6.M23
The long-term trend has been UP since Jul 30th, 2021 at 9.915
The intermediate-term trend has been UP since Jul 30th, 2021 at 9.915
The short-term trend has been UP since Aug 19th, 2021 at 9.915
Smart Scan Analysis for QTC6.M23
Based on our trend formula, QTC6.M23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).