Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
FREIGHT ROUTE TC6 (BALTIC) Oct 2021 (NYMEX:QTC6.V21)
Sidelines Mode (+55) - QTC6.V21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QTC6.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC6.V21
The long-term trend has been DOWN since Apr 30th, 2021 at 9.57
The intermediate-term trend has been UP since Sep 20th, 2021 at 8.37
The short-term trend has been DOWN since Oct 4th, 2021 at 8.79
Smart Scan Analysis for QTC6.V21
Based on our trend formula, QTC6.V21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).