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Future Trend Analysis Report

Prepared for you on Wednesday, May 25, 2022.

FREIGHT ROUTE TC6 (BALTIC) Jul 2022 (NYMEX:QTC6.N22)

Weak Downtrend (-65) - QTC6.N22 is showing signs of a strengthening downtrend. Monitor QTC6.N22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QTC6.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.N22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QTC6.N22
Open High Low QTC6.N22 Price Change
17.043 17.043 17.043 17.043 0.000
Entry Signal

MarketClub’s Trade Triangles for QTC6.N22

long term down The long-term trend has been DOWN since Aug 19th, 2021 at 9.11

intermediate term down The intermediate-term trend has been DOWN since Aug 19th, 2021 at 9.11

short term down The short-term trend has been DOWN since Aug 19th, 2021 at 9.20

Smart Scan Analysis for QTC6.N22

Based on our trend formula, QTC6.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QTC6.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.043 17.043 17.043 17.043 0.000
Prev. Close Volume Bid Ask Time
17.043 0 2022-05-25 00:00:00
Volatility38.38Expiration2022-07-29
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