Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
FREIGHT ROUTE TC7 (BALTIC) OCTOBER 2021 (NYMEX:QTC7.V21)
Weak Downtrend (-65) - QTC7.V21 is showing signs of a strengthening downtrend. Monitor QTC7.V21 as it may be building momentum to the downside.
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 DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QTC7.V21
Based on our trend formula, QTC7.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).