Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
FREIGHT ROUTE TC6 (BALTIC) NOVEMBER 2021 (NYMEX:QTC6.X21)
Bear Market Rally (-75) - QTC6.X21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTC6.X21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QTC6.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC6.X21
The long-term trend has been DOWN since Jun 8th, 2021 at 9.906
The intermediate-term trend has been UP since Aug 31st, 2021 at 9.367
The short-term trend has been DOWN since Oct 1st, 2021 at 9.657
Smart Scan Analysis for QTC6.X21
Based on our trend formula, QTC6.X21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).