Free Daily Analysis

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.

NYMEX_QTD8.G23
Open High Low QTD8.G23 Price Change
12.421 12.421 12.421 12.421 0.000
Entry Signal

MarketClub’s Trade Triangles for QTD8.G23

long term down The long-term trend has been DOWN since Jul 30th, 2021 at 13.253

intermediate term down The intermediate-term trend has been DOWN since Jul 30th, 2021 at 13.253

short term down 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).

-80
Smart Scan Analysis for QTD8.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.421 12.421 12.421 12.421 0.000
Prev. Close Volume Bid Ask Time
12.421 0 2022-01-27 00:00:00
Volatility3.6Expiration2023-02-28
Get a free daily analysis and signals for FREIGHT ROUTE TD8 (BALTIC) FEBRUARY 2023 (QTD8.G23) - Request Your Free Report.