Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
FREIGHT ROUTE TD8 (BALTIC) May 2020 (NYMEX:QTD8.K20)
Strong Downtrend (-100) - QTD8.K20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTD8.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTD8.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTD8.K20
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.K20
Based on our trend formula, QTD8.K20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).