Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
FREIGHT ROUTE TC6 (BALTIC) Jul 2023 (NYMEX:QTC6.N23)
Countertrend Up (+85) - QTC6.N23 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.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC6.N23
The long-term trend has been UP since Oct 4th, 2021 at 9.930
The intermediate-term trend has been UP since Oct 4th, 2021 at 9.920
The short-term trend has been UP since Aug 19th, 2021 at 9.915
Smart Scan Analysis for QTC6.N23
Based on our trend formula, QTC6.N23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).