Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
FREIGHT ROUTE TC7 (BALTIC) Oct 2021 (NYMEX:QTC7.V21)
Strong Uptrend (+100) - QTC7.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QTC7.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QTC7.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC7.V21
The long-term trend has been UP since Feb 23rd, 2021 at 24.337
The intermediate-term trend has been UP since Aug 3rd, 2021 at 24.634
The short-term trend has been UP since Aug 31st, 2021 at 25.167
Smart Scan Analysis for QTC7.V21
Based on our trend formula, QTC7.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).