Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
FREIGHT ROUTE TC9 (BALTIC) NOVEMBER 2021 (NYMEX:QTC9.X21)
Weak Downtrend (-65) - QTC9.X21 is showing signs of a strengthening downtrend. Monitor QTC9.X21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QTC9.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC9.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC9.X21
The long-term trend has been DOWN since May 28th, 2021 at 13.947
The intermediate-term trend has been DOWN since Aug 25th, 2021 at 13.587
The short-term trend has been DOWN since Aug 25th, 2021 at 13.587
Smart Scan Analysis for QTC9.X21
Based on our trend formula, QTC9.X21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).