Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
FREIGHT ROUTE TC9 (BALTIC) Oct 2021 (NYMEX:QTC9.V21)
Long-Term Downtrend (-90) - QTC9.V21 is in a strong downtrend that is likely to continue. While QTC9.V21 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.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC9.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC9.V21
The long-term trend has been DOWN since Oct 5th, 2021 at 12.656
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 12.656
The short-term trend has been DOWN since Oct 5th, 2021 at 12.656
Smart Scan Analysis for QTC9.V21
Based on our trend formula, QTC9.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).