Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
FREIGHT ROUTE TD3C (PLATTS) APRIL 2022 (NYMEX:QTD3.J22)
Long-Term Downtrend (-90) - QTD3.J22 is in a strong downtrend that is likely to continue. While QTD3.J22 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 QTD3.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTD3.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTD3.J22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QTD3.J22
Based on our trend formula, QTD3.J22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).