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Future Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

FREIGHT ROUTE TC7 (BALTIC) May 2020 (NYMEX:QTC7.K20)

Strong Downtrend (-100) - QTC7.K20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QTC7.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.K20.

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

NYMEX_QTC7.K20
Open High Low QTC7.K20 Price Change
41.6422 41.6422 41.6422 41.6422 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTC7.K20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTC7.K20

Based on our trend formula, QTC7.K20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QTC7.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.6422 41.6422 41.6422 41.6422 0.0000
Prev. Close Volume Bid Ask Time
41.6422 0 2020-05-29 00:00:00
Volatility114.63Expiration2020-05-29
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