Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
FREIGHT ROUTE TD3C (PLATTS) OCTOBER 2021 (NYMEX:QTD3.V21)
Bear Market Rally (-75) - QTD3.V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTD3.V21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QTD3.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTD3.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTD3.V21
The long-term trend has been DOWN since Mar 31st, 2021 at 9.751
The intermediate-term trend has been UP since Sep 3rd, 2021 at 7.266
The short-term trend has been DOWN since Oct 4th, 2021 at 8.020
Smart Scan Analysis for QTD3.V21
Based on our trend formula, QTD3.V21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).