Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
FREIGHT ROUTE TC6 (BALTIC) Oct 2023 (NYMEX:QTC6.V23)
Strong Downtrend (-100) - QTC6.V23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QTC6.V23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTC6.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC6.V23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QTC6.V23
Based on our trend formula, QTC6.V23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).