Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
FREIGHT ROUTE TD8 (BALTIC) MARCH 2020 (NYMEX:QTD8.H20)
Long-Term Downtrend (-90) - QTD8.H20 is in a strong downtrend that is likely to continue. While QTD8.H20 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 QTD8.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTD8.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTD8.H20
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 QTD8.H20
Based on our trend formula, QTD8.H20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).