Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
FREIGHT ROUTE TC7 (BALTIC) JUNE 2022 (NYMEX:QTC7.M22)
Countertrend Up (+85) - QTC7.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QTC7.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC7.M22
The long-term trend has been UP since Jul 1st, 2021 at 23.497
The intermediate-term trend has been UP since May 4th, 2021 at 23.259
The short-term trend has been DOWN since Aug 13th, 2021 at 23.633
Smart Scan Analysis for QTC7.M22
Based on our trend formula, QTC7.M22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).