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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

FREIGHT ROUTE TC7 (BALTIC) NOVEMBER 2024 (NYMEX:QTC7.X24)

Bull Market Weakness (+75) - QTC7.X24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QTC7.X24 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QTC7.X24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.X24.

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

NYMEX_QTC7.X24
Open High Low QTC7.X24 Price Change
36.163 36.163 36.163 36.163 0.000
Entry Signal

MarketClub’s Trade Triangles for QTC7.X24

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 14th, 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.X24

Based on our trend formula, QTC7.X24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QTC7.X24
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 2022-08-02 00:00:00
Volatility20.12Expiration2024-11-29
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