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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.

NYMEX_QTC9.V21
Open High Low QTC9.V21 Price Change
11.6934 11.6934 11.6934 11.6934 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTC9.V21

long term down The long-term trend has been DOWN since Oct 5th, 2021 at 12.656

intermediate term down The intermediate-term trend has been DOWN since Oct 5th, 2021 at 12.656

short term down 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).

-90
Smart Scan Analysis for QTC9.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.6934 11.6934 11.6934 11.6934 0.0000
Prev. Close Volume Bid Ask Time
11.6934 0 2021-10-20 00:00:00
Volatility18.53Expiration2021-10-29
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