Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
FREIGHT ROUTE TC7 (BALTIC) DECEMBER 2021 (NYMEX:QTC7.Z21)
Weak Downtrend (-65) - QTC7.Z21 is showing signs of a strengthening downtrend. Monitor QTC7.Z21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QTC7.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC7.Z21
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.Z21
Based on our trend formula, QTC7.Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).