Future Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
FREIGHT ROUTE TC9 (BALTIC) JANUARY 2024 (NYMEX:QTC9.F24)
Sidelines Mode (+55) - QTC9.F24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QTC9.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC9.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC9.F24
The long-term trend has been UP since Jul 23rd, 2021 at 13.974
The intermediate-term trend has been UP since Jul 23rd, 2021 at 13.974
The short-term trend has been DOWN since Aug 18th, 2021 at 14.309
Smart Scan Analysis for QTC9.F24
Based on our trend formula, QTC9.F24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).