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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

FREIGHT ROUTE TC7 (BALTIC) FEBRUARY 2023 (NYMEX:QTC7.G23)

Bull Market Weakness (+75) - QTC7.G23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QTC7.G23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QTC7.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.G23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QTC7.G23
Open High Low QTC7.G23 Price Change
33.577 33.577 33.577 33.577 0.000
Entry Signal

MarketClub’s Trade Triangles for QTC7.G23

long term up The long-term trend has been UP since Aug 2nd, 2021 at 24.098

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2021 at 23.962

short term up The short-term trend has been UP since May 18th, 2021 at 23.928

Smart Scan Analysis for QTC7.G23

Based on our trend formula, QTC7.G23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QTC7.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.577 33.577 33.577 33.577 0.000
Prev. Close Volume Bid Ask Time
33.577 0 2022-08-05 00:00:00
Volatility23.72Expiration2023-02-28
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