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Future Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

FREIGHT ROUTE TC7 (BALTIC) Jul 2024 (NYMEX:QTC7.N24)

Long-Term Uptrend (+90) - QTC7.N24 is in a strong uptrend that is likely to continue. While QTC7.N24 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QTC7.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.N24.

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

NYMEX_QTC7.N24
Open High Low QTC7.N24 Price Change
36.163 36.163 36.163 36.163 0.000
Entry Signal

MarketClub’s Trade Triangles for QTC7.N24

long term up The long-term trend has been UP since Jul 23rd, 2021 at 23.951

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2021 at 23.781

short term up The short-term trend has been UP since May 18th, 2021 at 23.747

Smart Scan Analysis for QTC7.N24

Based on our trend formula, QTC7.N24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QTC7.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.163 36.163 36.163 36.163 0.000
Prev. Close Volume Bid Ask Time
36.163 0 2022-08-11 00:00:00
Volatility20.12Expiration2024-07-31
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