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Future Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

FREIGHT ROUTE TC9 (BALTIC) May 2020 (NYMEX:QTC9.K20)

Long-Term Downtrend (-90) - QTC9.K20 is in a strong downtrend that is likely to continue. While QTC9.K20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QTC9.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTC9.K20.

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

NYMEX_QTC9.K20
Open High Low QTC9.K20 Price Change
16.7584 16.7584 16.7584 16.7584 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTC9.K20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTC9.K20

Based on our trend formula, QTC9.K20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTC9.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.7584 16.7584 16.7584 16.7584 0.0000
Prev. Close Volume Bid Ask Time
16.7584 0 2020-05-29 00:00:00
Volatility85.19Expiration2020-05-29
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