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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

FREIGHT ROUTE TD8 (BALTIC) Feb 2024 (NYMEX:QTD8.G24)

Weak Downtrend (-65) - QTD8.G24 is showing signs of a strengthening downtrend. Monitor QTD8.G24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QTD8.G24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTD8.G24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QTD8.G24
Open High Low QTD8.G24 Price Change
15.139 15.139 15.139 15.139 0.000
Entry Signal

MarketClub’s Trade Triangles for QTD8.G24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTD8.G24

Based on our trend formula, QTD8.G24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QTD8.G24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.139 15.139 15.139 15.139 0.000
Prev. Close Volume Bid Ask Time
15.139 0 2022-05-25 00:00:00
Volatility14.89Expiration2024-02-29
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