Future Trend Analysis Report
Prepared for you on Wednesday, August 17, 2022.
FREIGHT ROUTE TC7 (BALTIC) Jul 2025 (NYMEX:QTC7.N25)
Long-Term Uptrend (+90) - QTC7.N25 is in a strong uptrend that is likely to continue. While QTC7.N25 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.N25?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.N25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC7.N25
The long-term trend has been UP since Jul 23rd, 2021 at 23.770
The intermediate-term trend has been UP since Jul 19th, 2021 at 23.600
The short-term trend has been UP since May 18th, 2021 at 23.566
Smart Scan Analysis for QTC7.N25
Based on our trend formula, QTC7.N25 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).