Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
FREIGHT ROUTE TC6 (BALTIC) Aug 2022 (NYMEX:QTC6.Q22)
Weak Downtrend (-65) - QTC6.Q22 is showing signs of a strengthening downtrend. Monitor QTC6.Q22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QTC6.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC6.Q22
The long-term trend has been DOWN since Aug 19th, 2021 at 9.11
The intermediate-term trend has been DOWN since Aug 19th, 2021 at 9.11
The short-term trend has been DOWN since Aug 19th, 2021 at 9.20
Smart Scan Analysis for QTC6.Q22
Based on our trend formula, QTC6.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).