Future Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
FREIGHT ROUTE TD8 (BALTIC) FEBRUARY 2023 (NYMEX:QTD8.G23)
Bear Market Rally (-75) - QTD8.G23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTD8.G23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QTD8.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTD8.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTD8.G23
The long-term trend has been DOWN since Jul 30th, 2021 at 13.253
The intermediate-term trend has been DOWN since Jul 30th, 2021 at 13.253
The short-term trend has been DOWN since Jul 30th, 2021 at 13.253
Smart Scan Analysis for QTD8.G23
Based on our trend formula, QTD8.G23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).